Rudolph Technologies Inc. RTEC was a big mover last session, as the company saw its shares rise nearly 7% on the day. Shares gained after the company reported better-than-expected earnings and in-line revenues for the third quarter of 2015. The news led to far more shares changing hands than in a normal session resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.34 to $13.35 in the past one-month time frame.
None of the estimates for this manufacturing machinery 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.
Rudolph Technologies currently carries a Zacks Rank #3 (Hold).
A better-ranked stock in the same industry is Aixtron SE AIXG, sporting a Zacks Rank #1 (Strong Buy).
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