Novatel Wireless (NVTL) in Focus: Stock Adds 6.5% in Session - Tale of the Tape

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Novatel Wireless Inc. ( NVTL ) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $1.76-$2.11 in the past one-month time frame.

None of the estimates for this wireless equipment stock were revised over the past 30 days. The Zacks Consensus Estimate hasn't been in trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Novatel Wireless carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same sector include Juniper Networks, Inc. ( JNPR ), Nokia Corporation ( NOK ) and ShoreTel, Inc. ( SHOR ). All these stocks sport a Zacks Rank #1 (Strong Buy).  

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JUNIPER NETWRKS (JNPR): Free Stock Analysis Report

NOKIA CP-ADR A (NOK): Free Stock Analysis Report

NOVATEL WIRELES (NVTL): Free Stock Analysis Report

SHORETEL INC (SHOR): Free Stock Analysis 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: JNPR , NOK , NVTL , SHOR

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