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Strength Seen in Accelrys (ACCL): Stock Soars 29.3%

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Accelrys Inc. was a big mover last session, as the company saw its shares rise by over 29% 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 $9.51 to $10.57 in the past one month time frame.

The company has seen no estimate revision over the past 30 days but the Zacks Consensus Estimate went down over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked stocks in the business software service/BPO sector include Cognizant Technology Solutions Corporation (CTSH - Free Report) , MSCI Inc. (MSCI - Free Report) and RealPage, Inc. (RP - Free Report) . All these stocks hold a Zacks Rank #2 (Buy).

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