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Cogint, Inc. (COGT) Jumps: Stock Rises 6.9%

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Cogint, Inc. was a big mover last session, as the company saw its shares nearly 7% 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 for the company—as the stock is now up 38% in the past one-month time frame.

The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.

Cogint currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

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Another player in the Computer and Technology sector is Luxoft Holding, Inc. (LXFT - 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.

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