Photronics (PLAB) Jumps: Stock Rises 5.5% - Tale of the Tape - AXT (NASDAQ:AXTI)

Photronics Inc. PLAB was a big mover last session, as the company saw its shares rise over 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 $7.97 to $8.55 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease over the past 30 days, while the Zacks Consensus Estimate has not been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Photronics currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

However, better-ranked stocks in the computer and technology sector include AVX Corp. AVX, AXT Inc. AXTI and Aspen Technology, Inc. AZPN. All of these 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

PHOTRONICS INC PLAB: Free Stock Analysis Report

AXT INC AXTI: Free Stock Analysis Report

ASPEN TECH INC AZPN: Free Stock Analysis Report

AVX CORP AVX: Free Stock Analysis Report

To read this article on Zacks.com click here.

Market News and Data brought to you by Benzinga APIs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Photronics (PLAB) Jumps: Stock Rises 5.5% - Tale of the Tape

Start generating passive income through real estate.

Austin Cityfund

Miami Cityfund

Phoenix Cityfund