Analyst Rating Update on EPIQ Systems (EPIQ)

EPIQ Systems (EPIQ) : 2 analysts are covering EPIQ Systems (EPIQ) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Company shares have received an average consensus rating of Hold for the current week


EPIQ Systems (NASDAQ:EPIQ): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.30 and $16.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.50, notching a gain of 1.23% for the day. The total traded volume was 1,262,060 . The stock had closed at $16.30 on the previous day.

Epiq Systems, Inc. is a global provider of integrated technology solutions for the legal profession. The Company offers these capabilities across a variety of practice areas, including bankruptcy, litigation, class action, antitrust, investigations and regulatory compliance. It offers managed technology solutions for eDiscovery, document review and legal notification. The Company operates in two segments: the Technology segment, which provides eDiscovery managed services and technology solutions comprised of consulting, collections and forensics, processing, search and review, production of documents and document review services to companies and law firms, and the Bankruptcy and Settlement Administration segment, which provides managed services and technology solutions that address the needs of its customers with respect to litigation, claims and project administration, compliance matters, controlled disbursements, corporate restructuring, bankruptcy and class action proceedings.

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