Envestnet, Inc. (ENV - 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 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 $37.95 to $40.20 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Currently, Envestnet carries a Zacks Rank #2 (Buy).
Another similarly-ranked stock in the same industry is Kadant Inc. (KAI - Free Report) . You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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