Dot Hill Systems Corp. (HILL) was a big mover last session, as the company saw its shares rise more than 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 $4.42–$5.07 in the past one-month time frame.
This computer storage developer witnessed one upward revision in the past 60 days. The Zacks Consensus Estimate also moved up during the same time frame, suggesting that more solid trading could be ahead for Dot Hill Systems. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Dot Hill Systems has a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.
Investors interested in the sector can also consider stocks like Quantum Corporation (QTM), Super Micro Computer, Inc. (SMCI) and Datalink Corporation (DTLK). While Quantum Corp. and Super Micro Computer sport a Zacks Rank #1, Datalink Corp. holds a Zacks Rank #2 (Buy).
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