DXC Technology Company DXC was a big mover last session, as the company saw its shares rise nearly 5% 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 4.3% in the past one-month time frame.
The move came after the company posted solid third quarter fiscal 2018 earnings.
The company has seen five positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for DXC Technology. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
DXC Technology currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A better-ranked stock in the Computer and Technology sector is CDK Global, Inc. CDK, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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