Sprint Corporation (S) was a big mover last session, as the company saw its shares rise over 6% 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 $5.39 to $5.89 in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revisions of one increase and no decrease over the past 30 days, while the Zacks Consensus Estimate has remained unchanged. Friday's jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Sprint currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
However, better-ranked tocks in the computer and technology sector include Ambarella, Inc. (AMBA), Avago Technologies Limited (AVGO) and AVX Corp. (AVX). All of these have a Zacks Rank #1 (Strong Buy).
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