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SS&C Technologies (SSNC) Jumps: Stock Rises 6.3%
SS&C Technologies Holdings, Inc. (SSNC - Free Report) was a big mover last session, as the company saw its shares rise more than 6% 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—as the stock is now up 22.6% in the past one-month time frame.
The upmove came after the company reported better-than-expected fourth-quarter 2018 results.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for SS&C Technologies. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
SS&C Technologies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
SS&C Technologies Holdings, Inc. Price
SS&C Technologies Holdings, Inc. Price | SS&C Technologies Holdings, Inc. Quote
Investors interested in the Computer - Software industry may consider a better-ranked stock like CommVault Systems, Inc. (CVLT - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is SSNC going up? Or down? Predict to see what others think:Up or Down
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