Babcock & Wilcox Enterprises, Inc. was a big mover last session, as the company saw its shares rise over 10% on the day. This reverses the recent trend for the company—as the stock is now down 82.46% in the past one-month time frame.
The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Babcock & Wilcox currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Another stock worth considering in the Computer and Technology sector is Applied Optoelectronics, Inc. (AAOI - Free Report) which 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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