Kulicke and Soffa Industries (KLIC): Stock Gains 5.8%
Kulicke and Soffa Industries, Inc. KLIC was a big mover last session, as the company saw its shares rise nearly 6% on the day. The upside came on solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up more than 14% in the past one-month time frame.
In the last 30 days, the company has seen one upward and one downward estimate revision and the Zacks Consensus Estimate moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Kulicke and Soffa Industries carries a Zacks Rank #3 (Hold).
A better-ranked electric machine manufacture stock is Aixtron SE AIXG, which holds a Zacks Rank #2 (Buy).
Is KLIC going up? Or down? Predict to see what others think: Up or Down
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KULICKE & SOFFA (KLIC): Free Stock Analysis Report
AIXTRON AG-ADR (AIXG): Free Stock Analysis Report
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