Shares of Datawatch Corp. (NASDAQ:DWCH) reached a new 52-week high during trading on Monday . The company traded as high as $6.85 and last traded at $6.83, with a volume of 18,266 shares. The stock had previously closed at $6.55.

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 report on Wednesday, August 10th.

The firm’s market capitalization is $81.71 million. The company has a 50 day moving average price of $5.77 and a 200-day moving average price of $5.31.

Datawatch Corp. (NASDAQ:DWCH) last announced its quarterly earnings data on Wednesday, July 20th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.15. The company earned $7.40 million during the quarter, compared to the consensus estimate of $7.77 million. On average, equities research analysts expect that Datawatch Corp. will post ($0.70) earnings per share for the current year.

In other news, Director David Mahoney acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, June 10th. The shares were bought at an average price of $5.34 per share, with a total value of $53,400.00. Following the completion of the purchase, the director now directly owns 330,403 shares in the company, valued at $1,764,352.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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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