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Qiwi plc (QIWI) Jumps: Stock Rises 8.7%
Qiwi plc (QIWI - Free Report) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $13.80–$15.40 in the past one-month time frame, witnessed a sharp increase yesterday.
Qiwi plc has seen one negative estimate revision over the past two months. The Zacks Consensus Estimate for the current quarter has also revised downward over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Qiwi plc currently has a Zacks Rank #3 (Hold) while its Earnings ESPis 0.00%.
QIWI PLC Price and Consensus
QIWI PLC Price and Consensus | QIWI PLC Quote
Another stock in the Financial Transaction Services industry is Green Dot Corporation. (GDOT - Free Report) which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is QIWI 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 >>