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Axon (AAXN) in Focus: Stock Moves 5.1% Higher

Axon Enterprise, Inc. AAXN was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $68.75 to $76.56 in the past one-month time frame.

The move came in after the company announced that Cypress Creek Emergency Medical Services will deploy 37 Axon Fleet 2 in-car video systems across its emergency service vehicles.

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

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

Axon Enterprise, Inc Price

Axon Enterprise, Inc Price
Axon Enterprise, Inc Price

Axon Enterprise, Inc price | Axon Enterprise, Inc Quote

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Investors interested in the Security and Safety Services industry may consider Johnson Controls International plc JCI, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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