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Sierra Wireless (SWIR) In Focus: Stock Adds 8.9% in Session

Sierra Wireless, Inc.SWIR was a big mover last session, as its shares rose almost 9% on the day. The move came after Raymond James' Steven Li upgraded the Internet of Things specialist's stock to outperform from market perform. 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 $15.70 to $16.65 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 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.

Sierra Wireless currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Sierra Wireless, Inc. Price

Sierra Wireless, Inc. Price | Sierra Wireless, Inc. Quote

A better-ranked stock in the Wireless Equipment space is Harris Corporation HRS , carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

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Harris Corporation (HRS): Free Stock Analysis Report

Sierra Wireless, Inc. (SWIR): 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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