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Square (SQ) Catches Eye: Stock Jumps 7.2%

Zacks Equity Research
Updated

Square, Inc. SQ was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 18.6% in the past one-month time frame.

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

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

Square, Inc. Price

Square, Inc. Price | Square, Inc. Quote

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A better-ranked stock in the Internet - Software industry is PayPal Holdings, Inc. PYPL, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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