Luxoft Holding (LXFT) Jumps: Stock Up 6.8% - Tale of the Tape

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Luxoft Holding, Inc. LXFT was a big mover last session, as its shares rose nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the trend for the company, as the stock is now down over 18% in the past one-month timeframe.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Other better-ranked IT service stocks include Barracuda Networks, Inc. CUDA, EPAM Systems, Inc. EPAM and Kofax Limited KFX. All three carry a Zacks Rank #2 (Buy).

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