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EXFO (EXFO) Catches Eye: Stock Adds 5.4% in Session

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EXFO IncEXFO was a big mover last session, as the company saw its shares rise more than 5% 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 $2.77 to $3.23 over the past one month time frame.

The stock has witnessed one upward estimate revision in the past 30 days. The Zacks Consensus Estimate has also moved up over the same time frame, suggesting that more solid trading could be ahead for EXFO. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.

EXFO sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

Another stock in the communications components industry worth considering is Envivio, Inc. ENVI , also with a Zacks Rank #1.

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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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