NIC Inc. (EGOV) saw a big move last session, as the company’s shares fell by over 11% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $16.62 to $18.96 in the past one-month time frame.

The eGovernment services provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings 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.

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

Some better-ranked stocks in the same sector include DTS Inc. (DTSI), Garmin Marketo, Inc. (MKTO) and Rally Software Development Corp. (RALY). All these stocks hold a Zacks Rank #1 (Strong Buy).

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NIC INC (EGOV): Free Stock Analysis Report

DTS INC (DTSI): Free Stock Analysis Report

MARKETO INC (MKTO): Free Stock Analysis Report

RALLY SOFTWARE DEVELOPMENT CORP (RALY): Free Stock Analysis Report


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