Atmel Corporation (ATML) Jumps: Stock Rises 5.3% - Tale of the Tape

By Zacks Equity Research,

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Atmel Corporation ( ATML ) 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 has now gained almost 22% in the past one month time frame.

This semiconductor company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked stocks in the technology sector include Alps Electric Co. Ltd. ( APELY ), Advanced Photonix Inc. ( API ) and Cirrus Logic Inc. ( CRUS ). While Alps Electric holds a Zacks Rank #1 (Strong Buy), Advanced Photonix and Cirrus Logic carry a Zacks Rank #2 (Buy).

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ADV PHOTONIX -A (API): Free Stock Analysis Report

ATMEL CORP (ATML): Free Stock Analysis Report

CIRRUS LOGIC (CRUS): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: APELY , API , ATML , CRUS

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