Nova Measuring Instruments Ltd. NVMI was a big mover last session, as the company saw its shares rise over 5% 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 21.4% since Feb 11.
The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Nova Measuring Instruments currently sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.
Another favorably placed stock in the same industry is Orbotech Ltd. ORBK, carrying a Zacks Rank #2 (Buy).
Is NVMI going up? Or down? Predict to see what others think: Up or Down
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