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USA Technologies (USAT) Catches Eye: Stock Jumps 6.7%

Zacks Equity Research

USA Technologies Inc. (USAT) was a big mover last session, as the company saw its shares rise nearly 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 $1.73 to $1.84 in the past one-month time frame.

This value-added service provider has seen one positive revision in the last one month and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

USA Technologies currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other favorably ranked stocks in the broader sector include Sykes Enterprises, Incorporated (SYKE), WPP plc (WPPGY) and Towers Watson & Co. (TW). While Sykes Enterprises and WPP hold a Zacks Rank #2 (Buy), Tower Watson carries a Zacks Rank #1 (Strong Buy).

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USA TECH INC (USAT): Free Stock Analysis Report

SYKES ENTERPRISES (SYKE): Free Stock Analysis Report

WPP PLC ADS UK (WPPGY): Free Stock Analysis Report

TOWERS WATSON & CO (TW): Free Stock Analysis Report

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