Comtech Telecommunications Corp.
) was a big mover last session, as the company saw its shares
rise by nearly 7% on the day. The move came on solid volume too,
as far more shares changed hands than in a normal session. This
reverses the recent trend of the company, as the stock is now
trading above the volatile price range of $24.36 to $24.99 in the
past one-month time frame.
The company has seen no estimate revision in the past 2
months. Besides, its earnings consensus has remained stagnant
over the same time frame. However, this recent price action is
certainly encouraging, so make sure to keep a close watch of this
firm in the near future.
CMTL currently has a Zacks Rank #3 (Hold) while its
Some better performing wireless equipment stocks include
Ubiquiti Networks, Inc.
). While ShoreTel and Ubiquiti Networks hold a Zacks Rank #1
(Strong Buy), DragonWave carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment
Research? Today, you can download
7 Best Stocks for the Next 30 Days
Click to get this free report >>
COMTECH TELECOM (CMTL): Free Stock Analysis
DRAGONWAVE INC (DRWI): Free Stock Analysis
SHORETEL INC (SHOR): Free Stock Analysis
UBIQUITI NETWRK (UBNT): Free Stock Analysis
To read this article on Zacks.com click here.