Freescale Semiconductor, Ltd. (FSL) in Focus: Stock Moves 9.3% Higher – Tale of the Tape

Zacks

Freescale Semiconductor, Ltd. (FSL) was a big mover last session, as the company saw its shares rise by over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained over 34% since Jan 24.

This electric company has seen three positive estimate revisions and one negative estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Augusta Resource. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Freescale Semiconductor has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Lattice Semiconductor Corporation (LSCC), Pericom Semiconductor Corp. (PSEM) and Integrated Device Technology, Inc. (IDTI). All these stocks hold a Zacks Rank #1 (Strong Buy).

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