Turtle Beach Corporation (HEAR) was a big mover last session, as the company saw its shares rise nearly 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $1.86 to $2.20 since Mar 19, 2015.
The company has seen no estimate revisions in the past 7 days and the Zacks Consensus Estimate has 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.
Turtle Beach currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked communication components stock is Arista Networks, Inc. (ANET), sporting a Zacks Rank #1 (Strong Buy).
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