Fiverr International (FVRR) Outperforms Broader Market: What You Need to Know
From Nasdaq:
The stock for Fiverr International stands at $26.04, reflecting a +1.36% shift from the previous trading day, and has outperformed other indices. However, the stock has dropped by 3.02% in the past month, despite strong growth forecasts.
Relevant changes to analyst estimates indicate a positive outlook on the company’s business health and profitability, with favorable recent revisions affecting share price momentum. The Zacks Rank system reinforces these estimates, with Fiverr International holding a Zacks Rank of #3 (Hold).
The Internet – Commerce industry ranks in the top 30% of all industries, with an impressive Zacks Industry Rank of 74. Our research shows that the top 50% rated industries regularly outperform the bottom half.
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