Adept Technology Inc. (ADEP) was a big mover last session, as its shares surged over 11% on the day. The surge 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 $9.15 to $12.19 in the past one-month time frame.
In the last 30 days, the company has not seen any estimate revision and its Zacks Consensus Estimate also remained unchanged. However, yesterday’s price action is encouraging, so make sure to keep a close watch on this firm in the near future.
Adept Technology currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the computer and technology sector include Blucora, Inc. (BCOR), AsiaInfo-Linkage, Inc. (ASIA) and Arris Enterprises, Inc. (ARRS). All three companies carry a Zacks Rank #1 (Strong Buy).
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