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ADT Surges: Stock Moves 6.6% Higher
ADT Inc. (ADT - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $8.37 to $9.25 in the past one month time frame.
The upside was perhaps driven by news about Amazon.com announcing its new Alexa Guard feature for Echo devices, which can forward alerts to security companies such as ADT.
The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.
ADT currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
ADT Inc. Price
ADT Inc. Price | ADT Inc. Quote
A better-ranked stock in the Security and Safety Services industry is SuperCom Ltd. (SPCB - 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 ADT going up? Or down? Predict to see what others think:Up or Down
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