Weakness Seen in DTS (DTSI): Stock Goes Down 6.9% - Tale of the Tape

DTS Inc. DTSI saw a big move in the last trading session, as the company's shares fell by nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend of the company, as the stock is now trading within the volatile price range of $19.39 to $21.63 in the past one-month time frame.

The company, a provider of audio technologies for consumer electronic devices, has not seen any estimate revision over the past month, though the current year earnings consensus has moved lower over the last 30 days. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.

DTSI currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Internet Software industry may consider better-ranked stocks like j2 Global, Inc. JCOM, Model N, Inc. MODN and Constant Contact, Inc. CTCT. While j2 carries a Zacks Rank #1 (Strong Buy), Model N and Constant Contact hold a Zacks Rank #2 (Buy).

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