Datawatch Corp. (NASDAQ:DWCH)’s share price was up 3% on Thursday . The stock traded as high as $5.98 and last traded at $5.90, with a volume of 52,969 shares changing hands. The stock had previously closed at $5.73.

Separately, Zacks Investment Research upgraded shares of Datawatch Corp. from a “hold” rating to a “strong-buy” rating and set a $6.50 price objective for the company in a research report on Tuesday, April 26th.

The stock’s market capitalization is $69.49 million. The company has a 50-day moving average of $5.31 and a 200 day moving average of $5.15.

Datawatch Corp. (NASDAQ:DWCH) last issued its earnings results on Wednesday, April 20th. The company reported ($0.14) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.14). The firm earned $7.40 million during the quarter, compared to analyst estimates of $7.37 million. On average, equities analysts predict that Datawatch Corp. will post ($0.48) EPS for the current year.

In related news, CEO Michael Anthony Morrison sold 9,063 shares of Datawatch Corp. stock in a transaction dated Wednesday, May 4th. The stock was sold at an average price of $5.32, for a total value of $48,215.16. Following the completion of the transaction, the chief executive officer now directly owns 156,598 shares of the company’s stock, valued at $833,101.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Donald R. Friedman purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 9th. The stock was acquired at an average cost of $5.00 per share, with a total value of $50,000.00. Following the completion of the acquisition, the director now directly owns 15,000 shares of the company’s stock, valued at $75,000. The disclosure for this purchase can be found here.

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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