DSP Group (DSPG) Jumps: Stock Rises 5.4%

Zacks Equity Research
July 2, 2014

DSP Group Inc. (DSPG) 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 $8.32 to $8.67 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

DSP Group currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the computer and technology sector include Autodesk, Inc. (ADSK), Advanced Micro Devices, Inc. (AMD) and ARRIS Group, Inc. (ARRS). All of these sport a Zacks Rank #1 (Strong Buy).

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