Mavenir Systems (MVNR) Soars: Stock Rises 13.1% - Tale of the Tape


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Mavenir Systems, Inc. ( MVNR ) was a big mover last session, as its shares rose over 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company, as the stock is now down over 15% in the past one-month timeframe.

In the last 30 days, the company did not witness any estimate revision and 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.

Mavenir Systems currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other well-performing stocks in the communication components industry include SeaChange International Inc. ( SEAC ), Premiere Global Services, Inc . ( PGI ) and Harmonic Inc. ( HLIT ). All three carry the same Zacks Rank as Mavenir Systems.

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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 Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: HLIT , MVNR , PGI , SEAC


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