ClearOne, Inc. (CLRO) Surges: Stock Moves 12.8% Higher
ClearOne, Inc. (CLRO) was a big mover last session, as the company saw its shares rise nearly 13% 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 almost 10% since Oct 3, 2014.
The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
ClearOne, Inc. currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Some other stocks worth considering in the communications components industry include SeaChange International Inc. (SEAC), 8x8 Inc. (EGHT) and NICE Systems Ltd. (NICE). While SeaChange International sports a Zacks Rank #1(Strong Buy), 8x8 Inc. and NICE Systems hold a Zacks Rank #2 (Buy).
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CLEARONE INC (CLRO): Free Stock Analysis Report
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