Rambus Inc. (RMBS) in Focus: Stock Moves 6.1% Higher - Tale of the Tape
January 24 2014 - 8:37AM
Zacks
Rambus Inc. (RMBS)
was a big mover last session, as the company saw its shares rise
more than 6% on the day. The move came on solid volume too with far
more shares changing hands than in a normal session. This reverses
the recent trend for the company as the stock is now down 4.29% in
the past one-month time frame.
This semiconductor stock witnessed one positive estimate revision
over the past 30 days. The Zacks Consensus Estimate however
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 sector include
Cirrus Logic Inc. (CRUS), Himax
Technologies, Inc. (HIMX) and SemiLEDs
Corporation (LEDS). While Cirrus Logic sports a Zacks Rank
#1 (Strong Buy), Himax Technologies and SemiLEDs Corp. hold a Zacks
Rank #2 (Buy).
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