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Rapid7 (RPD) Shows Strength: Stock Adds 9.7% in Session

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Rapid7, Inc. (RPD - Free Report) was a big mover last session, as its shares rose almost 10% on the day. The move came after the company announced the evolution of the Rapid7 Insight platform with the availability of two new solutions: InsightVM and InsightAppSec. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $14.11 to $15.25 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Rapid7 currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Internet – Software space is Instructure, Inc. (INST - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is RPD going up? Or down? Predict to see what others think: Up or Down

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