EXFO Inc was a big mover last session, as its shares rose over 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 $4.55 to $5.40 in the past one-month time frame.

Over the last 30 days, the company witnessed one positive estimate revision. The Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. 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.

EXFO Inc currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

EXFO Inc Price

 

EXFO Inc Price | EXFO Inc Quote

Another favorably placed stock in the Communication - Components space is Viavi Solutions Inc. (VIAV Quick QuoteVIAV - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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