Time New York: Tue 25 Jun 02:27 am  |  Save 15% on H&R Block Online

  
caticonslite_bm_alt

Ringcentral (RNG) Looks Good: Stock Adds 6.1% in Session

Zacks

Ringcentral, Inc. RNG 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 continues the recent uptrend for the company —as the stock is now up 21.9% in the past one-month time frame.

The upmove came after the company reported better-than-expected fourth-quarter 2018 results.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ringcentral currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Ringcentral, Inc. Price

Ringcentral, Inc. Price | Ringcentral, Inc. Quote


Another stock worth considering in the Internet – Software and Services industry is NetEase, Inc. NTES which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

3 Medical Stocks to Buy Now

The greatest discovery in this century of biology is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating revenue, and cures for a variety of deadly diseases are in the pipeline.

So are big potential profits for early investors. Zacks has released an updated Special Report that explains this breakthrough and names the best 3 stocks to ride it.

See them today for free >>


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

To read this article on Zacks.com click here.

Zacks Investment Research
<-- You can share this post with your network,
or give us your opinion and leave a comment.
Be sure to check our RSS feeds for updates.