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Speed Commerce (SPDC) Worth Watching: Stock Jumps 7.8%
December 04, 2013

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Speed Commerce, Inc. was a big mover last session, as the company saw its shares rise by nearly 8% 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 20% in the past one-month time frame.

The company has seen 3 negative revisions in the last one month and its Zacks Consensus Estimate moved lower over 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 yesterday’s move higher can last.

Speed Commerce currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Better-ranked stocks in the Internet software industry include Constant Contact, Inc. and Sonic Foundry, Inc. . While Constant Contact carries a Zacks Rank #2 (Buy), Sonic Foundry has a Zacks Rank #1 (Strong Buy). Another favorably ranked stock in the broader business services sector is Stantec Inc. (STN - Free Report) with a Zacks Rank #1.

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