Advertisement
Canada markets closed

  • S&P/TSX

    22,290.62
    +31.15 (+0.14%)
     

  • S&P 500

    5,187.70
    +6.96 (+0.13%)
     

  • DOW

    38,884.26
    +31.99 (+0.08%)
     

  • CAD/USD

    0.7282
    -0.0005 (-0.06%)
     

  • CRUDE OIL

    78.33
    -0.05 (-0.06%)
     

  • Bitcoin CAD

    85,624.02
    -1,360.70 (-1.56%)
     

  • CMC Crypto 200

    1,293.38
    -71.75 (-5.25%)
     

  • GOLD FUTURES

    2,322.90
    -1.30 (-0.06%)
     

  • RUSSELL 2000

    2,064.65
    +3.97 (+0.19%)
     

  • 10-Yr Bond

    4.4630
    -0.0260 (-0.58%)
     

  • NASDAQ futures

    18,205.50
    +6.00 (+0.03%)
     

  • VOLATILITY

    13.23
    -0.26 (-1.93%)
     

  • FTSE

    8,313.67
    +100.18 (+1.22%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • CAD/EUR

    0.6771
    0.0000 (0.00%)
     

Syntel (SYNT) Shows Strength: Stock Adds 10.3% in Session

Zacks Equity Research
Updated

Syntel, Inc. SYNT was a big mover last session, as its shares rose over 10% on the day. The move came after the company reported robust second-quarter 2017 results. 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 $15.95 to $17.05 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.

Syntel currently carries a Zacks Rank #3 (Hold).

Syntel, Inc. Price

 

Syntel, Inc. Price | Syntel, Inc. Quote

ADVERTISEMENT

A better-ranked stock in the Computer - Services Devices space is ARI Network Services, Inc. ARIS, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Will You Make a Fortune on the Shift to Electric Cars?                                

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


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
 
Syntel, Inc. (SYNT) : Free Stock Analysis Report
 
ARI Network Services, Inc. (ARIS) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research