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Perspecta (PRSP) Looks Good: Stock Adds 9.5% in Session

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Perspecta Inc. (PRSP - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $21.28 to $23.16 in the past one-month time frame.

The move came after the company reported solid fourth-quarter fiscal 2019 (ended Mar 31, 2019) results.

The company has not seen any estimate revision in the past month, while the Zacks Consensus Estimate has moved lower 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.

Perspecta currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

PERSPECTA INC Price

Investors interested in the Computers - IT Services industry may consider Fair Isaac Corporation (FICO - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is PRSP going up? Or down? Predict to see what others think:Up or Down

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