Markets

Computer Sciences (CSC) In Focus: Stock Moves 11.1% Higher

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Computer Sciences CorporationCSC was a big mover last session, as its shares rose a little over 11% on the day. The move came after the company reported fiscal third-quarter 2017 results, wherein it beat analyst estimates for both revenue and earnings. This led to 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 $58.73 to $62.95 in the past one-month time frame.

Over the last 30 days, the company witnessed two positive estimate revisions. The Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.

Computer Sciences currently carries a Zacks Rank #3 (Hold).

Computer Sciences Corporation Price

Computer Sciences Corporation Price | Computer Sciences Corporation Quote

A better-ranked stock in the Computer - Services space is Carbonite, Inc. CARB , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

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Computer Sciences Corporation (CSC): Free Stock Analysis Report

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


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

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