Zacks
0
All posts from Zacks
Zacks in Our Research. Your Success.,

CA, Inc. (CA) Shows Strength: Stock Adds 5.1% in Session

CA, Inc. CA was a big mover last session, as the company saw its shares rise over 5% on the day. The upside was driven by the company’s announcement of better-than-expected fourth-quarter fiscal 2016 results. This also led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price trend of $29.36  to $30.79 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.

CA currently has a Zacks Rank #3 (Hold).

A better-ranked stock in the Computer Software space is DST Systems Inc. DST sporting a Zacks Rank #1(Strong Buy).

Is CA going up? Or down? Predict to see what others think:  Up or Down

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
 
DST SYSTEMS (DST): Free Stock Analysis Report
 
CA INC (CA): Get Free Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research