Ixia XXIA was a big mover last session, as the company saw its shares rise almost 15% on the day. The move came on solid volume 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 volatile price range of $12.25 to $14.20 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days, while 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.
Ixia carries a Zacks Rank #2 (Buy).
Another favorably placed stock in the same industry is Lantronix, Inc. LTRX, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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