Unwired Planet, Inc. UPIP saw a big move last session, as the company's shares fell nearly 7% 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 most recent downtrend for UPIP, as the stock is down over 11% in the past one-month time frame.
This developer of patents that allow mobile devices to connect to the Internet has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for loss hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
UPIP currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Communication Network Software industry include Mavenir Systems, Inc. MVNR carrying a Zacks Rank #2 (Buy).
Investors interested in the gaming industry may consider better-ranked stocks like Ametek Inc. AME and Avnet, Inc. AVT. Both 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 >>
This developer of patents that allow mobile devices to connect to the Internet has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for loss hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
UPIP currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Communication Network Software industry include Mavenir Systems, Inc. MVNR carrying a Zacks Rank #2 (Buy).
Investors interested in the gaming industry may consider better-ranked stocks like Ametek Inc. AME and Avnet, Inc. AVT. Both 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 >>
AMETEK INC AME: Free Stock Analysis Report
AVNET AVT: Free Stock Analysis Report
MAVENIR SYSTEMS MVNR: Free Stock Analysis Report
UNWIRED PLANET UPIP: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
