Strength Seen in CUI Global (CUI): Stock Jumps 7.5%

Zacks

CUI Global, Inc. CUI was a big mover last session, as the company saw its shares rise roughly 8% on the day. The move came on solid volume 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 $6.18–$7.00 in the past one-month time frame.

In the last 30 days, the company has seen three upward estimate revisions and the Zacks Consensus Estimate also moved higher, suggesting that more solid trading could be ahead for CUI Global. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

CUI Global currently has a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

Another favorably-placed stock from the broader industrial products sector is Albany International Corp. AIN, which sports the same Zacks Rank as CUI Global.

Is CUI going up? Or down? Predict to see what others think: Up or Down

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