OmniVision Technologies, Inc. (OVTI) was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $18.68 to $20.38 in the past one-month time frame.
The company witnessed one upward revision in the past 30 days. The Zacks Consensus Estimate however remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
OmniVision Technologies has a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Investors interested in the electronic component-semiconductor industry may also consider stocks like Applied Micro Circuits Corporation (AMCC), Exar Corp. (EXAR) and PLX Technology Inc. (PLXT). All these stocks sport a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment