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Internap (INAP) in Focus: Stock Moves 14.4% Higher

Zacks Equity Research
Updated

Internap Corporation INAP was a big mover last session, as the company saw its shares rise more than 14% on the day. The move came on solid 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 above the volatile price range of $4.12 to $4.45 in the past one-month time frame.

The company has seen two negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

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

Internap Corporation Price

Internap Corporation Price | Internap Corporation Quote

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A better-ranked stock in the Computer and Technology sector is Bridgeline Digital, Inc. BLIN, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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Internap Corporation (INAP) : Free Stock Analysis Report
 
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Zacks Investment Research