NIC Inc. Falls: EGOV Crumbles 5.3% in Session - Tale of the Tape
11 Februar 2014 - 2:49PM
Zacks
NIC Inc. (EGOV) saw
a big move last session, as the company’s shares fell by more than
5% on the day. The move came on pretty good volume too with far
more shares changing hands than in a normal session. This continues
the recent downtrend for EGOV, as the stock is now down over 25%
since Jan 15.
This slump shouldn’t be too much of a surprise to investors, as
this software application provider has seen 2 negative revisions in
the past few weeks and its current year earnings consensus has
moved lower over the last 30 days. This suggests there may be more
trouble down the road. So make sure to keep an eye on this stock
going forward to see if this recent slump will continue, as the
earnings picture definitely suggests that this might be the
case.
EGOV currently has a Zacks Rank #3 (Hold) while its Earnings ESP is
negative.
Better-ranked stocks in the same sector include Constant
Contact, Inc. (CTCT), E2open, Inc. (EOPN)
and OpenTable, Inc. (OPEN). All these stocks carry
a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research?
Today, you can download 7 Best Stocks for the Next 30
Days. Click to get this free report >>
NIC INC (EGOV): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
NIC (NASDAQ:EGOV)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
NIC (NASDAQ:EGOV)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
Echtzeit-Nachrichten über NIC Inc (NASDAQ): 0 Nachrichtenartikel
Weitere Nic News-Artikel