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CalAmp (CAMP) Catches Eye: Stock Jumps 7.5%

Zacks Equity Research

CalAmp Corp. (CAMP) was a big mover last session, as the company saw its shares rise by almost 8% 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 for the company, as the stock is now trading above the volatile price range of $23.61 and $26.30 in the past one-month time frame.

This wireless communications products provider has seen no estimate revision in the last one month and its Zacks Consensus Estimate remained static over the same time frame. Friday’s price action is encouraging though. So, make sure to keep a close watch on this firm in the near future.

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

Some better-ranked stocks in the electronics-miscellaneous components industry include Fabrinet (FN), AAC Technologies Holdings Inc. (AACAY) and KEMET Corp. (KEM). While Fabrinet and AAC Technologies Holdings hold a Zacks Rank #1 (Strong Buy), KEMET Corp. carries a Zacks Rank #2 (Buy).

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CALAMP CP (CAMP): Free Stock Analysis Report

FABRINET (FN): Free Stock Analysis Report

AAC TEC HOLDINGS ADR (AACAY): Free Stock Analysis Report

KEMET CORP (KEM): Free Stock Analysis Report

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