Vimicro International Corp. (VIMC) was a big mover last session, as its shares rose over 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company since Jul 14, as the stock is now up almost 20%.
In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Vimicro International currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Better-ranked stocks in the computer semiconductor industry include FrmFactor Inc. (FORM), OmniVision Technologies, Inc. (OVTI) and Silicon Motion Technology Corp. (SIMO). All three carry a Zacks Rank #1 (Strong Buy).
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