OneSpan (OSPN) Is Up 6.94% in One Week: What You Should Know

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with OneSpan (OSPN) currently holding a Momentum Style Score of B [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market; OSPN has a Zacks Rank of 1 (Strong Buy) [3] Group 2: OneSpan's Performance Metrics - OSPN shares have increased by 6.94% over the past week, outperforming the Zacks Internet - Software industry, which rose by 5.38% [6] - Over the last quarter, OSPN shares rose by 10.92%, and over the past year, they increased by 75.47%, while the S&P 500 only moved 7.42% and 32.55%, respectively [7] - The average 20-day trading volume for OSPN is 460,511 shares, indicating a bullish sign if the stock is rising with above-average volume [8] Group 3: Earnings Outlook - Recent earnings estimate revisions for OSPN show one upward revision and no downward revisions, increasing the consensus estimate from $1.16 to$1.34 over the past 60 days [10] - For the next fiscal year, there has been one upward estimate revision with no downward changes, indicating positive earnings outlook [10] - Given these factors, OSPN is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a potential pick for near-term gains [11]