American Software, Inc. (AMSWA) was a big mover last session, as the company saw its shares rise by over 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 $9.0 to $9.65 in the past one-month time frame.
In the last 30 days, the company has seen no estimate revision and its Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
American Software currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the computer software sector may consider stocks like Interactive Intelligence Group Inc. (ININ), MicroStrategy Inc. (MSTR) and Manhattan Associates, Inc. (MANH). All these stocks carry a Zacks Rank #1 (Strong Buy).
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