Endurance International Group Holdings (EIGI) Falls: Stock Goes Down 5.6% - Tale of the Tape

Endurance International Group Holdings, Inc. ( EIGI ) saw a big move last session, as the company's shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $18.05-$19.89 in the past one-month time frame, showed a sharp decline yesterday at $18.11.

On Mar 11, Endurance International Group Holdings declared that it has completed its previously announced sale of shares.

The internet software company has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (1 increase, 2 decreases), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

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

Another better-ranked stock in the same sector is Globant S.A. ( GLOB ) with a Zacks Rank #1 (Strong Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.