ChyronHego (CHYR) Crumbles: Stock Falls by 5.6% - Tale of the Tape
ChyronHego Corp. (CHYR) saw a big move last session, as the company's shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $2.42-$2.93 in the past one-month time frame, showed a sharp decline yesterday at $2.55.
The computer-graphics company has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
CHYR currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same sector include Carbonite, Inc. ( CARB ), Dot Hill Systems Corp. (HILL) and Datalink Corporation ( DTLK ). All these stocks hold a Zacks Rank #1 (Strong Buy).
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