Datawatch (DWCH) in Focus: Stock Gains 7.4% - Tale of the Tape
Datawatch Corporation (DWCH) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 4.3% since Mar 11, 2015.
The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Datawatch Corporation currently has a Zacks Rank #4 (Sell) while it’s Earnings ESP is 0.00%.
A better-ranked computer software stock is MicroStrategy Inc. (MSTR), sporting a Zacks Rank #1 (Strong Buy).
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