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StarTek (SRT) Catches Eye: Stock Adds 5.4% in Session

Zacks Equity Research
Updated

StarTek, Inc. SRT was a big mover last session, as the company saw its shares above 5% on the day. The move came on solid volume 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 $4.20 to $4.82 in the past one-month time frame.

In the last 30 days, the company has seen two downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.      

StarTek currently carries a Zacks Rank #4 (Sell).

STARTEK INC Price

 

STARTEK INC Price | STARTEK INC Quote

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A better-ranked Outsourcing stock is Broadridge Financial Solutions, Inc. BR, which holds a Zacks Rank #2 (Buy).

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

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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
 
BROADRIDGE FINL (BR): Free Stock Analysis Report
 
STARTEK INC (SRT): Free Stock Analysis Report
 
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Zacks Investment Research