DXC Technology Company DXC was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $77.49 to $80.25 in the past one-month time frame.
The move came after the company reported solid first-quarter fiscal 2018 results.
The company has seen one negative estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved slightly lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
DXC Technology currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
DXC Technology Company. Price and Consensus
DXC Technology Company. Price and Consensus | DXC Technology Company. Quote
A better-ranked stock in the Computers - IT Services industry is Luxoft Holding, Inc. LXFT which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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