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Hewlett Packard (HPE) Jumps: Stock Rises 6.5%

Zacks

Hewlett Packard Enterprise Company HPE 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 stock, which remained volatile and traded within the range of $14.53 –$16.25 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen one positive estimate revision in the past month, while its Zacks Consensus Estimate has remained unchanged over the same time period. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Hewlett Packard currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Hewlett Packard Enterprise Company Price

Hewlett Packard Enterprise Company Price | Hewlett Packard Enterprise Company Quote


Investors interested in the Computer and Technology sector may consider ACI Worldwide, Inc. ACIW, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is HPE going up? Or down? Predict to see what others think:Up or Down

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