Perceptron (PRCP) Crumbles: Stock Falls by 6.8% - Tale of the Tape

By
A A A

Perceptron, Inc. ( PRCP ) saw a big move last session, as the company's shares fell nearly 7% 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 PRCP, as the stock is now down almost 22% in the past one-month time frame.

The scientific and technical instruments provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks, 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 on this firm in the near future, and especially on earnings estimates following the recent slump.

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

Some better-ranked stocks in the same sector include Orbotech Ltd. ( ORBK ) and Thermo Fisher Scientific, Inc. ( TMO ). While Orbotech sports a Zacks Rank #1 (Strong Buy), Thermo Fisher holds a Zacks Rank #2 (Buy). Meanwhile, one can also consider the Zacks Ranked #1 stock of AAC Technologies Holdings Inc. ( AACAY ) from the broader Computer and Technology sector.

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

ORBOTECH LTD (ORBK): Free Stock Analysis Report

PERCEPTRON INC (PRCP): Get Free Report

THERMO FISHER (TMO): 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 , ORBK , PRCP , TMO

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

114,644,289
  • $15.58 ▼ 4.65%
73,296,582
  • $107.72 ▼ 4.47%
65,585,474
  • $101.05 ▼ 3.13%
63,233,841
  • $23.88 ▼ 3.79%
50,630,790
  • $10.76 ▲ 3.46%
48,554,982
  • $13.72 ▼ 1.08%
47,526,669
  • $41.82 ▼ 3.91%
46,987,469
  • $22.01 ▼ 14.16%
As of 9/1/2015, 04:15 PM

Find a Credit Card

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