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xG Technology, Inc. (XGTI) Soars: Stock Adds 24.8% in Session

Zacks Equity Research

xG Technology, Inc. (XGTI) was a big mover last session, as its shares rose nearly 25% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the flattish trend of $1.64 to $2.10 in the past one-month time frame.


In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future. 


xG Technology currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.


Other better-ranked stocks in the computer & technology secor include Digital River Inc. (DRIV), Qihoo 360 Technology Co. Ltd. (QIHU) and Advanced Micro Devices, Inc. (AMD). All these stocks sport a Zacks Rank #1 (Strong Buy).


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XG TECH INC (XGTI): Free Stock Analysis Report

DIGITAL RIVER INC (DRIV): Free Stock Analysis Report

QIHOO 360 TECH CO LTD (QIHU): Free Stock Analysis Report

ADVANCED MICRO DEVICES INC (AMD): Free Stock Analysis Report

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