Cascade Microtech (CSCD) in Focus: Stock Tumbles 8.5% - Tale of the Tape

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Cascade Microtech Inc. ( CSCD ) saw a big move last session, as the company's shares fell by nearly 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session.  This continues the recent downtrend for CSCD, as the stock is now down 13.6% in the past one-month time frame.

Cascade Microtech has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (no increase, no decrease), and 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 of this firm in the near future, and especially on earnings estimates following the recent slump.

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


Some better-ranked stocks in the computer and technology sector include Agilent Technologies Inc. ( A ), Ametek Inc. ( AME ) and Canon Inc. ( CAJ ). All these stocks hold a Zacks Rank #2 (Buy).

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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: CSCD

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As of 5/22/2015, 04:15 PM


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