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Demandware (DWRE) in Focus: Stock Moves 9.5% Higher - Tale of the Tape

Demandware, Inc. ( DWRE ) was a big mover last session, as the company saw its shares rise by roughly 10% 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 $46.06 to $56.85 in the past one-month time frame.

This internet software services company has seen six negative estimate revisions over the past 30 days and its Zacks Consensus Estimate has moved down over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

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

Some better-ranked stocks in the technology sector include Digital River Inc. ( DRIV ), Smart Technologies Inc. ( SMT ) and Alliance Fiber Optic Products Inc. ( AFOP ). While Digital River and Smart Technologies hold a Zacks Rank #1 (Strong Buy), Alliance Fiber Optic Products carries a Zacks Rank #2 (Buy).

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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

ALLIANCE FIBER (AFOP): Free Stock Analysis Report

DIGITAL RIVER (DRIV): Free Stock Analysis Report

DEMANDWARE (DWRE): Free Stock Analysis Report

SMART TECHNOL-A (SMT): 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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