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WIX.COM LTD. (WIX - Free Report) was a big mover last session, as its shares rose almost 12% 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 $65.85 to $76.50 in the past one-month time frame.
Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
WIX.COM currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
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WIX.COM (WIX) Shows Strength: Stock Moves 11.7% Higher
WIX.COM LTD. (WIX - Free Report) was a big mover last session, as its shares rose almost 12% 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 $65.85 to $76.50 in the past one-month time frame.
Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
WIX.COM currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Wix.com Ltd. Price
Wix.com Ltd. Price | Wix.com Ltd. Quote
A better-ranked stock in the Computers - IT Services space is Sphere 3D Corp. (ANY - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>