Nanometrics (NANO) Jumps: Stock Up 7% - Tale of the Tape

By Zacks Equity Research,

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Nanometrics Incorporated ( NANO ) was a big mover last session, as its shares rose nearly 7% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This reverses the trend for the company since Jan 23, as the stock is now down almost 5%.

In the last 30-day frame, 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.

Nanometrics currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

Other better-ranked stocks in the computer and technology sector include AAC Technologies Holdings Inc. ( AACAY ), AudioCodes Ltd. ( AUDC ) and Arris Enterprises, Inc. ( ARRS ). All three sport a Zacks Rank #1 (Strong 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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: AACAY , ARRS , AUDC , NANO

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