Analogic Corporation (ALOG) was a big mover last session, as its shares rose over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the technology company since May 27, as the stock is now up almost 8%.
In the last 30 days, the company did not witness any estimate revision while the Zacks Consensus Estimate moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Analogic Corp. currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the computer equipment industry include LG Display Co., Ltd. (LPL), Mercury Systems, Inc. (MRCY) and Logitech International SA (LOGI). All three sport a Zacks Rank #1 (Strong Buy).
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LOGITECH INTERNATIONAL SA ORD (LOGI): Free Stock Analysis Report
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ANALOGIC CP (ALOG): Free Stock Analysis Report
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