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ePlus (PLUS) Shows Strength: Stock Adds 7.5% in Session

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ePlus inc. (PLUS - Free Report) was a big mover last session, as its shares rose over 7% on the day. The move came after the company reported third-quarter and nine month financial results, and also announced a 2 for 1 stock split. This led to 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 $109.65 to $118.25 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

ePlus currently carries a Zacks Rank #2 (Buy).

Another favorably placed stock in the Business - Software Services space is MSCI Inc. (MSCI - Free Report) , carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is PLUS going up? Or down? Predict to see what others think: Up or Down

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