Datawatch Corporation (DWCH) was a big mover last session, as the company saw its shares rise over 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 20.2% in the last one month.
The company has seen 2 positive revisions 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 sports a Zacks Rank #1 (Strong Buy).
Is DWCH going up? Or down? Predict to see what others think: Up or Down
Another top-ranked software stock is MicroStrategy Inc. (MSTR), sporting a Zacks Rank #1 (Strong Buy).
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