Strength Seen in ZAGG Inc (ZAGG): Stock Gains 11.7%
ZAGG Inc. ZAGG was a big mover last session, as the company saw its shares rise almost 12% 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 of the company, as the stock is now trading above the volatile price range of $8.59 to $9.90 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
ZAGG currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same space is Fabrinet FN sporting a Zacks Rank #1 (Strong Buy).
Is ZAGG going up? Or down? Predict to see what others think: Up or Down
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ZAGG INC (ZAGG): Free Stock Analysis Report
FABRINET (FN): Free Stock Analysis Report
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