PLX Technology (PLXT) Jumps: Stock Adds 9.0% in Session - Tale of the Tape

PLX Technology Inc. PLXT was a big mover last session, as the company saw its shares rise more than 9% 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 $5.77 to $6.28 over the past one-month time frame.

None of the estimates for this electronic components-semiconductor stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged during 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.

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

However, some better-ranked stocks in the same sector include Advanced Micro Devices, Inc. AMD, Applied Micro Circuits Corporation AMCC and Avago Technologies Limited AVGO. All these stocks sport a Zacks Rank #1 (Strong Buy).

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