KEMET Corp. (KEM) was a big mover last session, as the company saw its shares rise more than 6% 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 $5.67 to $5.97 since Jul 10.
None of the estimates for this electrical-miscellaneous components stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
KEMET carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, better-ranked stocks in the same sector include AU Optronics Corp. (AUO), Park Electrochemical Corp. (PKE) and AAC Technologies Holdings Inc. (AACAY). While AU Optronics and Park Electrochemical sport a Zacks Rank #1 (Strong Buy), AAC Technologies Holdings carries a Zacks Rank #2 (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