OPNET Technologies Inc. (OPNT) reported fourth quarter adjusted EPS of $0.21 after the close Monday, compared to $0.20 in the previous year. The consensus estimate was for EPS of $0.21. First quarter adjusted EPS is expected to be between $0.16 and $0.23, compared to the consensus estimate of $0.21.
OPNET Technologies gapped open higher Tuesday and spiked to the upside in the first half hour of trade. The stock was range-bound for the remainder of the session and closed higher by 5.24 at $27.35 on above average volume. OPNET surged to over a one-month high and re-crossed its 50-day moving average.
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