) was a big mover last session, as the company saw its shares
rise by over 8% 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 $1.28 to $1.46 in the
past one-month time frame.
This wireless equipment company has seen no estimate revision
over the past 30 days and its Zacks Consensus Estimate remained
unchanged over the same time frame. The recent price action is
encouraging though, so make sure to keep a close watch on this
firm in the near future.
DragonWave currently has a Zacks Rank #3 (Hold) while its
Some better-ranked stocks in same industry include
Ubiquiti Networks, Inc.
Mitel Networks Corporation
). While InterDigital and Ubiquiti Networks hold a Zacks Rank #1
(Strong Buy), Mitel Networks carries a Zacks Rank #2 (Buy).
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DRAGONWAVE INC (DRWI): Free Stock Analysis
INTERDIGITL INC (IDCC): Free Stock Analysis
MITEL NETWORKS (MITL): Free Stock Analysis
UBIQUITI NETWRK (UBNT): Free Stock Analysis
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