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Wix.com Ltd. (WIX) in Focus: Stock Moves 12.7% Higher

Zacks Equity Research

Wix.com Ltd. (WIX) was a big mover last session, as the company saw its shares rise nearly 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $16.55 to $18.03 in the past one-month time frame.

This IT services stock has seen no revisions over the past 30 days.The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Wix.com carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include EPAM Systems, Inc. (EPAM), Kofax Limited (KFX) and Science Applications International Corporation (SAIC). All these stocks carry a Zacks Rank #2 (Buy).

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WIXCOM LTD ORD (WIX): Free Stock Analysis Report

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