Infinera CorporationINFN was a big mover last session, as the company saw its shares rise nearly 8% 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 19.4% in the past one-month time frame.
The company has seen a flat track record when it comes to estimate revisions over the past few months, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Infineracurrently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Infinera Corporation Price
Infinera Corporation Price | Infinera Corporation Quote
A better-ranked stock in the Computer and Technology sector is Radcom Ltd. RDCM, which currently 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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