Vitesse Semiconductor Corp. (VTSS) 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 breaks the recent trend of the company, as the stock is now trading above the past one month’s volatile price range of $3.21 to $3.81.
This manufacturer of semiconductor products has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Vitesse currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same industry include Integrated Device Technology, Inc. (IDTI), Freescale Semiconductor, Ltd. (FSL) and Himax Technologies, Inc. (HIMX). While IDTI sports a Zacks Rank #1 (Strong Buy), FSL and HIMX carry a Zacks Rank #2 (Buy).
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