CEVA Inc. (CEVA) was a big mover last session, as the company saw its shares rise roughly 7% 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 $19.20–$20.58 in the past one-month time frame.
None of the estimates for this semiconductor industry stock were revised in 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.
CEVA carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Investors interested in the space can also consider Amkor Technology, Inc. (AMKR), sporting a Zacks Rank #1 (Strong Buy).
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