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TESSCO Technologies Incorporated (TESS) Jumps: Stock Up 7%

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TESSCO Technologies Incorporated was a big mover last session, as the company saw its shares rise almost 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down 8% in the past one-month time frame.

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

Currently, TESSCO Technologies boasts a Zacks Rank #1 (Strong Buy).

 

Another similarly-ranked stock in the same industry is ShoreTel, Inc. . You can see the complete list of today’s Zacks #1 Rank stocks here.

 

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

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