Daktronics (DAKT) Catches Eye: Stock Jumps 7.6%
Daktronics Inc. (DAKT) 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 with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained almost 20% since Nov 7.
This electronic equipment company has seen no estimate revision in the past one month and the Zacks Consensus Estimate has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Daktronics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same sector include Siemens Aktiengesellschaft (SI), Garmin Ltd. (GRMN) and Trimble Navigation Limited (TRMB). All these stocks hold a Zacks Rank #2 (Buy).
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