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Aspen Technology (AZPN) Jumps: Stock Moves 5.3% Higher

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Aspen Technology, Inc. (AZPN - Free Report) was a big mover last session, as the company saw its shares climb above 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $46.07 to $48.12 in the past one-month time frame.

The company has seen no estimate revision in the past one month and its Zacks Consensus Estimate also remained unchanged. Friday’s price action was encouraging though, so make sure to keep a close watch on this firm in the near future.

Aspen Technology currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the computer software industry is Infoblox , carrying a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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