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Tale of the Tape

Zacks Equity Research

Is Conversant (CNVR) Ready to Breakout?
February 26, 2014

Trades from $3
Are you a technical investor? If so, it may be time to consider Conversant Inc. for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for CNVR.

This trend may have already begun, as shares of CNVR have moved by higher by 15.1% in just the past month. Plus, CNVR has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Conversant has plenty of life left.