Electro Scientific Industries (ESIO) Jumps: Stock Rises 14.1%
Electro Scientific Industries, Inc. ESIO was a big mover last session, as its shares rose over 14% on the day. The move came after the company reported fiscal fourth-quarter 2017 earnings. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 33.6% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate 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.
Electro Scientific Industries currently carries a Zacks Rank #3 (Hold).
Electro Scientific Industries, Inc. Price
Electro Scientific Industries, Inc. Price | Electro Scientific Industries, Inc. Quote
A better-ranked stock in the Lasers Systems and Components space is IPG Photonics Corporation IPGP, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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Electro Scientific Industries, Inc. (ESIO): Free Stock Analysis Report
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