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Audience (ADNC) Jumps: Stock Rises 5.4%

Zacks Equity Research

Audience, Inc. (ADNC) 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 over 20% in the past one-month time frame.

This semiconductor company has seen one positive estimate revision and two negative estimate revisions over the last 30 days and its Zacks Consensus Estimate moved lower over the same time frame, 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.

Audience currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Harman International Industries, Inc. (HAR), Panasonic Corporation (PCRFY) and Sharp Corporation (SHCAY). While Harman International Industries holds a Zacks Rank #1 (Strong Buy), Panasonic Corporation and Sharp Corporation carry a Zacks Rank #2 (Buy).

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AUDIENCE INC (ADNC): Free Stock Analysis Report

(HAR): Free Stock Analysis Report

PANASONIC CORP (PCRFY): Free Stock Analysis Report

SHARP CORP LTD ADR (SHCAY): Free Stock Analysis Report

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