Datawatch Corp. (NASDAQ:DWCH) rose 2.9% during mid-day trading on Tuesday . The company traded as high as $6.10 and last traded at $6.01, with a volume of 80,953 shares traded. The stock had previously closed at $5.84.

Separately, Zacks Investment Research raised Datawatch Corp. from a “hold” rating to a “buy” rating and set a $6.50 target price for the company in a research report on Wednesday, August 10th.

The stock has a 50 day moving average price of $5.75 and a 200 day moving average price of $5.29. The company’s market capitalization is $73.41 million.

Datawatch Corp. (NASDAQ:DWCH) last released its quarterly earnings results on Wednesday, July 20th. The company reported ($0.25) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.10) by $0.15. The firm earned $7.40 million during the quarter, compared to the consensus estimate of $7.77 million. Equities analysts forecast that Datawatch Corp. will post ($0.70) EPS for the current fiscal year.

In other Datawatch Corp. news, Director Randy Seidl purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, May 31st. The shares were bought at an average price of $5.25 per share, with a total value of $52,500.00. Following the completion of the transaction, the director now directly owns 62,000 shares in the company, valued at approximately $325,500. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Datawatch Corporation provides visual data discovery software. The Company is engaged in the design, development, marketing, distribution and support of business computer software primarily for the visual data discovery market. Its line of visual data discovery solutions includes Datawatch Desktop, Datawatch Server, Datawatch Modeler, Datawatch Automator, Datawatch RMS and Datawatch Report Manager OnDemand (RMOD).

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