Strength Seen in FormFactor (FORM): Stock Soars 17.3% – Tale of the Tape

Zacks

FormFactor Inc. (FORM) was a big mover last session, as the company saw its shares rise over 17% on the day. The upside has been driven by solid second-quarter 2015 results posted by the company on Jul 30 which led to more shares changing hands than in a normal session. This reverses the recent trend for the company — as the stock is now down more than 18% in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

FormFactor currently has a Zacks Rank #3 (Hold).

A better-ranked stock in the same space is Ambarella, Inc. (AMBA) sporting a Zacks Rank #1 (Strong Buy).

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

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