CalAmp (CAMP) Crumbles: Stock Tumbles by 13% - Tale of the Tape

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CalAmp Corp. ( CAMP ) saw a big move last session, as the company's shares fell more than 13% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for CAMP, as the stock is now up more than 5% in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

CAMP currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the technology sector include TE Connectivity Ltd. ( TEL ), KEMET Corp. ( KEM ) and AAC Technologies Holdings Inc. ( AACAY ). All these holds a Zacks Rank #2 ( Buy)  .

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CALAMP CORP (CAMP): Free Stock Analysis Report

TE CONNECT-LTD (TEL): Free Stock Analysis Report

KEMET CORP (KEM): Free Stock Analysis Report

AAC TECH HLDGS (AACAY): Get Free Report

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



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: CAMP , TEL , KEM , AACAY

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