20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Shares of NIC (NASDAQ:EGOV) moved higher by 13.7% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 100.00% year over year to $0.26, which beat the estimate of $0.25.
Revenue of $141,156,000 rose by 62.11% from the same period last year, which beat the estimate of $120,770,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
NIC hasn't issued any revenue guidance for the time being.
Recent Stock Performance
Company's 52-week high was at $30.81
52-week low: $15.49
Price action over last quarter: Up 50.49%
Company Overview
NIC Inc is a leading provider of digital government services that help governments use technology to provide a higher level of service to businesses and citizens and increase efficiencies. The company has two operating channels: primary outsourced portal businesses and software and services businesses. In primary outsourced portal businesses, the company enter into long-term contracts with state and local governments to design, build and operate Internet-based, enterprise-wide portals on their behalf, the software and services businesses provide software development and payment processing services, other than outsourced portal services, to state and local governments as well as federal agencies. It generates a majority of its revenue from the Outsourced Portals.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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