FormFactor (FORM) Rises: Stock Adds 16.3% in Session
FormFactor Inc. (FORM) was a big mover last session, as the company saw its shares rise over 16% 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 $5.41 to $6.12 in the past one-month time frame.
The company has seen one positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
FormFactor currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
However, some better-ranked semiconductor stocks include Applied Micro Circuits Corporation (AMCC), Exar Corp. (EXAR) and OmniVision Technologies, Inc. (OVTI). All these stocks sport a Zacks Rank #1 (Strong Buy).
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FORMFACTOR INC (FORM): Free Stock Analysis Report
APPLIED MICRO CIRCUITS CORP (AMCC): Free Stock Analysis Report
EXAR CORP (EXAR): Free Stock Analysis Report
OMNIVISION TECH INC (OVTI): Free Stock Analysis Report
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