Rambus (RMBS) in Focus: Stock Adds 5.1% in Session - Tale of the Tape

Rambus Inc. RMBS was a big mover last session, as the company saw its shares rise more than 5% 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 $11.32 to $12.36 over the past one-month time frame.

None of the estimates for this semiconductor industry stock were revised over 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.

Rambus Inc. holds a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include Applied Micro Circuits Corporation AMCC, Avago Technologies Limited AVGO and Exar Corp. EXAR. All these stocks sport 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
 
RAMBUS INC RMBS: Free Stock Analysis Report
 
APPLD MICRO CIR AMCC: Free Stock Analysis Report
 
AVAGO TECHNOLOG AVGO: Free Stock Analysis Report
 
EXAR CORP EXAR: Free Stock Analysis Report
 
To read this article on Zacks.com click here.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!