Vimicro International Corp. (VIMC) Jumps: Stock Rises 6.5% – Tale of the Tape

Zacks

Vimicro International Corp. (VIMC) was a big mover last session, as the company saw its shares rise more than 6% 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 of the company as the stock is now up 16.78% since Aug 8.

None of the estimates for this elec comp-semic industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Vimicro International carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include AXT Inc. (AXTI), NVE Corp. (NVEC) and Pericom Semiconductor Corp. (PSEM). All these stocks sport a Zacks Rank #1 (Strong Buy).

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