Qualys, Inc. (NASDAQ:QLYS) 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 25.4% in the past one-month time frame.
The stock gained after an analyst at Needham raised the target price of the company.
The company has seen a mixed track record when it comes to estimate revisions of three increases and one decrease over the past few months, 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.
Qualys currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the Security industry is Fortinet, Inc. (NASDAQ:FTNT) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Fortinet, Inc. (FTNT): Free Stock Analysis Report
Qualys, Inc. (QLYS): Free Stock Analysis Report
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