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PagerDuty (PD) Catches Eye: Stock Jumps 9%

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PagerDuty Inc. (PD - Free Report) was a big mover last session, as the company saw its shares rise 9% 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 $12.87–$19.27 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a mixed track record when it comes to estimate revisions of one increase and two decreases over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future. 

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

PagerDuty Inc. Price

A better-ranked stock in the Internet – Software industry is Cloudera, Inc. , 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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