Cray Inc. was a big mover last session, as the company saw its shares rise almost 19% on the day. The move came after the company reported better-than-expected fourth-quarter 2016 results. This also led to 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 $16.35 to $20.50 in the past one-month time frame.

None of the estimates for this stock were revised in the last 30 days, while the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Cray carries a Zacks Rank #3 (Hold).

Cray Inc Price

 

Cray Inc Price | Cray Inc Quote

A better-ranked stock in the broader sector is Applied Optoelectronics, Inc. (AAOI Quick QuoteAAOI - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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