Dot Hill Systems (HILL) Worth Watching: Stock Gains 7.7% in Session

Zacks Equity Research

Wed, Oct 9, 2013, 8:00 AM

Dot Hill Systems Corp. (HILL) was a big mover last session, as the company saw its shares rise by nearly 8% on the day. The move came on solid volume too, as far more shares changed hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $2.11 to $2.52 in the past one-month time frame.

The company has seen no estimate revision in the past 3 months. Besides, its earnings consensus has remained stagnant over the same time frame.However, this recent price action is certainly encouraging. So make sure to keep a close watch of this firm in the near future.

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

Some better performing data storage device stocks include EMC Corporation (EMC), NetApp, Inc. (NTAP) and Quantum Corporation (QTM). All these stocks carry a Zacks Rank #2 (Buy).

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Dot Hill Systems (HILL) Worth Watching: Stock Gains 7.7% in Session

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