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PTC Inc. (PTC) in Focus: Stock Moves 7.6% Higher
PTC Inc. (PTC - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% 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 15.5% in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revision of one increase and decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
PTC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A better-ranked stock in the Computer and Technology sector is American Software, Inc. (AMSWA - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is PTC going up? Or down? Predict to see what others think: Up or Down.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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