Audience, Inc. (ADNC) was a big mover last session, as the company saw its shares rise by nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up 12.5% in the past one-month time frame.
This mobile voice and audio solutions provider has seen 2 positive revisions and a solitary downward revision in the last 2 months, and its Zacks Consensus Estimate moved higher over the same time frame. This suggests the possibility of more solid trading in the coming quarters. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Audience, Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the broader sector include Mohawk Industries Inc. (MHK) and La-Z-Boy Incorporated (LZB). Both carry a Zacks Rank #1 (Strong Buy). Another player in the audio/video products industry, which looks attractive at current levels, is Harman International Industries, Incorporated (HAR), holding a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment