Model N, Inc. (MODN Quick QuoteMODN - Free Report) was a big mover last session, as its shares rose almost 6% on the day. The move came after the company announced fiscal second-quarter 2017 results which beat Wall Street expectations. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 20.3% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. However, 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.

Model N currently carries a Zacks Rank #3 (Hold).

Model N, Inc. Price

 

Model N, Inc. Price | Model N, Inc. Quote

A better-ranked stock in the Internet – Software space is PAYLOCITY HOLDING CORP (PCTY Quick QuotePCTY - 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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