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Acxiom (ACXM) in Focus: Stock Moves 7.7% Higher

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Acxiom Corporation was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $21.64 –$32.34 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen three negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, 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.

Acxiom currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

 

A better-ranked stock in the Computer and Technology sector is Yahoo Finance Logo Unisys Corporation (UIS - 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.

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

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