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Strength Seen in Casa Systems (CASA): Stock Soars 11.1%


Casa Systems, Inc. CASA was a big mover last session, as the company saw its shares rise more than 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $17.97–$29.88 in the past one-month time frame, showed a sharp increase yesterday.

The company has seen three positive estimate revisions in the past one month, while its Zacks Consensus Estimate has also moved higher over the said time frame, suggesting more strength down the road.

Casa Systems currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive.

Casa Systems, Inc. Price and Consensus

Casa Systems, Inc. Price and Consensus | Casa Systems, Inc. Quote

Investors interested in the Cable Television industry may consider Cable One, Inc. CABO, which currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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