NCI, Inc. (NCIT) saw a big move last session, as the company’s shares fell by nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for NCIT, as the stock is now down 14% since Feb 26.
The company has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (1 increase, 2 decreases), but the consensus for earnings hasn’t been in a trend. 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.
NCIT currently has a Zacks Rank #3 (Hold).
A better-ranked stock in the computer services sector is ARI Network Services Inc. (ARIS), which currently carries a Zacks Rank #1 (Strong Buy).
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