See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Innovator International Developed Power Buffer ETF - November (INOV) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Innovator International Developed Power Buffer ETF - November (INOV) - free report >>
Image: Bigstock
Inovalon (INOV) Jumps: Stock Rises 16.7%
Inovalon Holdings, Inc. (INOV - Free Report) was a big mover last session, as the company saw its shares rise nearly 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 28.1% in the past one-month time frame.
The stock gained after the company has signed a deal with UnitedHealthcare, which has entered into a five-year engagement implementing the Inovalon ONE™ Platform.
The company has seen no estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter has 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.
Inovalon currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Inovalon Holdings, Inc. Price
Inovalon Holdings, Inc. Price | Inovalon Holdings, Inc. Quote
A better-ranked stock in the Computers - IT Services industry is CSRA Inc. , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is INOV going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>