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

By
A A A

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).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>


AAC TECH HLDGS (AACAY): Get Free Report

ARRIS GROUP INC (ARRS): Free Stock Analysis Report

AUDIOCODES LTD (AUDC): Free Stock Analysis Report

NANOMETRICS INC (NANO): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research



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: AACAY , ARRS , AUDC , NANO

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

65,878,391
  • $102.25 ▲ 0.12%
60,267,006
  • $16.01 ▼ 1.17%
45,656,511
  • $13.11 ▼ 4.17%
34,766,553
  • $49.43 ▲ 2.85%
34,661,727
  • $3.60 ▲ 0.28%
29,041,259
  • $19.12 ▼ 0.47%
21,343,464
  • $73.855 ▼ 1.04%
19,552,720
  • $10.85 ▼ 3.13%
As of 8/28/2014, 04:03 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com