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Daktronics (DAKT) Looks Good: Stock Adds 7% in Session

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Daktronics Inc. (DAKT - Free Report) was a big mover last session, as the company saw its shares rise by 7% 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 $8.94 to $9.74 in the past one-month time frame.

The move came after the company reported solid fourth-quarter and fiscal 2017 results.

The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Daktronics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.  

A better-ranked stock in the Electronics - Miscellaneous Products industry is OSRAM Licht AG (OSAGF - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank  stocks here.

Is DAKT going up? Or down? Predict to see what others think: Up or Down

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