Repay Holdings Corporation (RPAY - 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. This continues the recent uptrend for the company—as the stock is now up 22% in the past one-month time frame.
The company has seen two negative estimate revisions in the past month, while its Zacks Consensus Estimate for the current quarter has also moved lower in 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.
REPAY currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
A better-ranked stock in the Financial Transaction Services industry is Envestnet, Inc. (ENV - 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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