Quantcast

ORBCOMM (ORBC) Worth a Look: Stock Up 6.2% in Session - Tale of the Tape


Shutterstock photo

ORBCOMM, Inc. ( ORBC ) was a big mover last session, as the company saw its shares rise over 6% 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 $6.02 to $6.40 in the past one-month time frame.

None of the estimates for this satellite communication industry stock were revised over the past 7 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

ORBCOMM currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the broader technology sector is Tucows Inc. ( TCX ), which sports a Zacks Rank #1 (Strong 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 >>


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

ORBCOMM INC (ORBC): Free Stock Analysis Report

TUCOWS INC (TCX): Free Stock Analysis Report

To read this article on Zacks.com click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: ORBC , TCX



More from Zacks.com

Subscribe







Zacks.com
Contributor:

Zacks.com

Equity Research












Research Brokers before you trade

Want to trade FX?