KEMET Corp. (KEM) in Focus: Stock Jumps 5.1% – Tale of the Tape

January 30, 2015 Technicals 0

Zacks

KEMET Corp. (KEM) was a big mover last session, as the company saw its shares rise over 5% on the day. The upside came on the back of encouraging third-quarter fiscal 2015 results posted by the company, with earnings exceeding the year-ago figure. This led to far more shares changing hands than in a normal session resulting in solid volume. This also reverses the recent trend for the company as the stock is now down 7.29% in the past one-month time frame.

None of the estimates for this 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 currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another favorably-placed stock in the same industry is AU Optronics Corp. (AUO), sporting a Zacks Rank #1 (Strong Buy).

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