IDI, Inc. was a big mover last session, as the company saw its shares rise 5% on the day. The upside was driven by the company’s announcement that it has decided to change its name to Cogint, Inc. and its shares will now trade in Nasdaq instead of the NYSE MKT. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.74 to $5.29 in the past one-month time frame.
In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
IDI, Inc. currently carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.
A better-ranked Electronic-Misc. Components stock is Stoneridge Inc. (SRI - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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