Fabrinet (FN) in Focus: Stock Adds 8.5% in Session - Tale of the Tape - Fabrinet (NYSE:FN)

Fabrinet (FN) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid 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 above the volatile price range of $14.13 to $15.22 over the past one month time frame.

None of the estimates for this stock were revised in 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.

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

However, some better-ranked stocks in the electronic equipment industry include AU Optronics Corp. (AUO), IEC Electronics Corp. (IEC) and Sparton Corp. (SPA), all sporting a Zacks Rank #1 (Strong 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

FABRINET (FN): Free Stock Analysis Report

AU OPTRONCS-ADR (AUO): Free Stock Analysis Report

IEC ELECTRS NEW (IEC): Free Stock Analysis Report

SPARTON CORP (SPA): Get Free Report

To read this article on Zacks.com click here.

Zacks Investment Research

Market News and Data brought to you by Benzinga APIs