Datawatch Corporation DWCH 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 continues the recent uptrend for the company as the stock is now up over 5% in the last one month.
The company has seen 1 positive revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Datawatch Corporation. 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.
Datawatch Corporation currently holds a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Another well-ranked software stock is Citrix Systems, Inc. CTXS, sporting the same Zacks Rank as Datawatch.
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