Sierra Wireless, Inc. SWIR was a big mover last session, as its shares rose almost 9% on the day. The move came after Raymond James' Steven Li upgraded the Internet of Things specialist's stock to outperform from market perform. This led to 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 $15.70 to $16.65 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate 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.
Sierra Wireless currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Sierra Wireless, Inc. Price
Sierra Wireless, Inc. Price | Sierra Wireless, Inc. Quote
A better-ranked stock in the Wireless Equipment space is Harris Corporation HRS, carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is SWIR going up? Or down? Predict to see what others think: Up or Down
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Harris Corporation (HRS): Free Stock Analysis Report
Sierra Wireless, Inc. (SWIR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research