Evolent Health, Inc. (EVH - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 22.2% in the past one-month time frame.
The company has seen three negative revisions in the past one month, while 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 Internet software stock going forward to see if this recent move higher can last.
Evolent Health currently carries a Zacks Rank #3 (Hold).
EVOLENT HEALTH Price
A better-ranked stock in the same industry is Cvent, Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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