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WidePoint (WYY) in Focus: Stock Moves 18.1% Higher

Zacks Equity Research

WidePoint Corp. (WYY) was a big mover last session with the shares rising over 18% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This is consistent with the recent uptrend for the company, as the stock is now up nearly 57% in the past one-month time frame.

This technology-based service provider has seen one negative estimate revision in the past 30 days. The Zacks Consensus Estimate also moved lower over the same period, implying more trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s sharp climb can last.

WidePoint currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the same sector include Lionbridge Technologies Inc. (LIOX), Syntel, Inc. (SYNT) and Sapient Corp. (SAPE). While Lionbridge sports a Zacks Rank #1 (Strong Buy), Syntel and Sapient carry a Zacks Rank #2 (Buy).

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WIDEPOINT CORP (WYY): Free Stock Analysis Report

LIONBRIDGE TECH INC (LIOX): Free Stock Analysis Report

SYNTEL INC (SYNT): Free Stock Analysis Report

SAPIENT CP (SAPE): Free Stock Analysis Report

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