Numerex Corp. (NMRX) in Focus: Stock Jumps 5.1%
Numerex Corp. (NMRX) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too 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 17.6% in the past one-month time frame.
None of the estimates for this communication equipment 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.
Numerex currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same sector include 8x8 Inc. (EGHT), ClearOne, Inc. (CLRO) and Gigamon Inc. (GIMO), each carrying a Zacks Rank #1 (Strong Buy).
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NUMEREX CP CL A (NMRX): Free Stock Analysis Report
8X8 INC (EGHT): Free Stock Analysis Report
CLEARONE INC (CLRO): Free Stock Analysis Report
GIGAMON INC (GIMO): Free Stock Analysis Report
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