Nutanix, Inc. (NTNX Quick QuoteNTNX - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 24.5% in the past one-month time frame.

The move came after the company reported a solid second quarter 2018 earnings results. Also, the company’s definitive agreement to acquire Minjar, Inc. boosted the investor’s confidence in the stock.

The company has seen a flat track record when it comes to estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Nutanix Inc. Price

Nutanix Inc. Price | Nutanix Inc. Quote

Nutanix currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Computer and Technology sector is Unisys Corporation (UIS Quick QuoteUIS - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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