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Qiwi plc (QIWI) Worth Watching: Stock Moves 6.4% Higher
November 20, 2013

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Qiwi plc (QIWI - Free Report) was a big mover last session, as the company saw its shares rise by over 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 of the company as the stock has now risen about 15% since Nov 7.

This credit services company has seen one positive revision in the past one month and its Zacks Consensus Estimate moved a notch higher over the same time frame, suggesting that more solid trading could be ahead for Qiwi. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can turn into more strength down the road.

Qiwi currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

Other financial transaction services stocks with a favorable Zacks Rank include Global Payments Inc. (GPN - Free Report) and Higher One Holdings, Inc. , both carrying a Zacks Rank #2 (Buy). Another stock in the broader finance sector worth considering is AerCap Holdings N.V. (AER - Free Report) with a Zacks Rank #1 (Strong Buy).

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