Mercury Systems (MRCY) Catches Eye: Stock Rises 5.9% - Tale of the Tape
Mercury Systems, Inc. (MRCY) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The upside was driven by the company’s announcement of its second-quarter fiscal 2015 results and raised earnings guidance for fiscal 2015. This led to more shares changing hands than in a normal session. Yesterday’s rally breaks the recent trend of the company, as the stock is now trading above the volatile price range of $13.10 to $14.74 in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate 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.
Mercury Systems currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Investors interested in the computer peripherals industry may also consider a stock like Alps Electric Co. Ltd. (APELY), which carries the same Zacks Rank as Mercury Systems.
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