CCUR has the #1 most bullish chart of 2013! It looks ready to EXPLODE in the days ahead! CCUR soared from $5.78 to a new 52-week high of $8.45 in 5 trading days in early February, but faced resistance at $8-$8.45 from one large profit taker.
Over the next 6 months, CCUR tried unsuccessfully to break its resistance on many occasions. After each failed attempt, CCUR dipped from its latest short-term peak and bottomed at a higher low than its previous dip! CCUR reached a low on January 30th of $5.78, followed by a low on April 15th of $5.87, a low on April 22nd of $6.23, a low on May 23rd of $6.51, a low on June 6th of $6.88, a low on June 24th-25th of $7.10, a low on July 3rd of $7.34, a low on July 16th of $7.42, and a low on July 25th of $7.53.
Yesterday, CCUR brokeout from last week's closing price of $7.73 to an intraday high of $8.42, before closing up $0.52 or 6.7% to $8.25 on huge volume of 459,392. CCUR traded its highest volume since February 6th when it reached its 52-week high of $8.45 and came within 3 cents of reaching it again!
CCUR currently has an enterprise value of only $49.85 million or just 0.79X trailing revenues of $63.23 million and 8.90X free cash flow of $5.6 million! CCUR's top rival SEAC has an enterprise value of 1.76X trailing revenues and 20.21X free cash flow! CCUR's other rival HLIT has an enterprise value of 1.22X trailing revenues and 12.71X free cash flow!
CCUR's annual gross margin of 58.2% exceeds SEAC's gross margin of 51.8% and HLIT's gross margin of 46.9%. CCUR's latest quarterly operating margin of 7.3% compares to SEAC's latest quarterly operating margin of negative (5.1%) and HLIT's of negative (14.6%).
SEAC and HLIT have an average enterprise value/revenue ratio of 1.49, which would value CCUR today at $13.32 - and an average enterprise value/free cash flow ratio of 16.46, which would value CCUR at $13.08. CCUR could rapidly rise to $13+ within a few trading days of surpassing its 52-week high of $8.45!