MoSys (MOSY) Falls: Stock Goes Down 6.0% – Tale of the Tape

Zacks

MoSys, Inc. (MOSY) saw a big move last session, as the company’s shares fell by nearly 6 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend of the company, as MOSY is now trading within the volatile price range of $3.1 to $3.9 in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as the Electrical Components company has seen 1 negative revision in the past few weeks and its current year loss consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

MOSY currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Semiconductor industry include Applied Micro Circuits Corporation (AMCC), PLX Technology Inc. (PLXT) and Exar Corp. (EXAR). All these stocks carry a Zacks Rank #1 (Strong Buy).

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