Luxoft Holding, Inc.
((LXFT - Free Report)
) was a big mover last session, as the company saw its shares rise by nearly 6% 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 over 28% in the past one-month time frame.
This application software company has seen two positive revisions in the past 30 days and the Zacks Consensus Estimate has moved higher over the same time frame, suggesting that more solid trading could be ahead for Luxoft Holding. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.
Luxoft Holding currently has a Zacks Rank #2 (Buy) while its Earnings ESP
Some better performing technology stocks include Lionbridge Technologies Inc.
), Alliance Fiber Optic Products Inc.
) and Advanced Energy Industries, Inc.
((AEIS - Free Report)
). All these stocks hold a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>