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Roper Technologies (ROP) Catches Eye: Stock Jumps 7.6%

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Roper Technologies, Inc. (ROP - 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 stock, which remained volatile and traded within the range of $263.42 –$298.73 in the past one-month time frame, witnessed a sharp increase on Friday.

The move came after the company reported better-than-expected third-quarter 2018 results.

The company has seen no changes when it comes to estimate revision 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.

Roper Technologies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Industrial Products sector is Altra Industrial Motion Corp. (AIMC - 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 ROP going up? Or down? Predict to see what others think:Up or Down

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