Unisys Corporation was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 44.1% in the past one-month time frame.
The move came after the company was incorporated in a major small-cap stock index.
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.
Unisys Corporation currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another stock worth considering in the Computers - IT Services industry is Inovalon Holdings, Inc. (INOV - Free Report) which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.
Is UIS going up? Or down? Predict to see what others think: Up or Down
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