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Guidewire Software (GWRE) Jumps: Stock Adds 6% in Session

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Guidewire Software, Inc. (GWRE - Free Report) was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume 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 $55.38 to $57.88 in the past one-month time frame.

None of the estimates for this stock were revised in the last 30 days, while the Zacks Consensus Estimate moved higher suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Currently, Guidewire Software carries a Zacks Rank #3 (Hold).

A better-ranked stock in the same industry is MSCI Inc. (MSCI - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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