Analogic Corporation ALOG saw a big move last session, as the company's shares fell by nearly 12% on the day. The move came on pretty good 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 below the volatile price range of $71.47 to $77.30 in the past one-month time frame.
The medical imaging and security system provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
ALOG currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Computer-Peripheral Equipment industry include Logitech International SA LOGI, Mercury Systems, Inc. MRCY and LG Display Co., Ltd. LPL. Among these stocks, Logitech and Mercury Systems carry a Zacks Rank #1 (Strong Buy), while LG Display carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
ANALOGIC CORP ALOG: Free Stock Analysis Report
LOGITECH INTL LOGI: Free Stock Analysis Report
LG DISPLAY-ADR LPL: Free Stock Analysis Report
MERCURY SYSTEMS MRCY: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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ALOG currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Computer-Peripheral Equipment industry include Logitech International SA LOGI, Mercury Systems, Inc. MRCY and LG Display Co., Ltd. LPL. Among these stocks, Logitech and Mercury Systems carry a Zacks Rank #1 (Strong Buy), while LG Display carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
ANALOGIC CORP ALOG: Free Stock Analysis Report
LOGITECH INTL LOGI: Free Stock Analysis Report
LG DISPLAY-ADR LPL: Free Stock Analysis Report
MERCURY SYSTEMS MRCY: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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