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.AAC TECH HLDGS (AACAY): Get Free ReportORBOTECH LTD (ORBK): Free Stock Analysis ReportPERCEPTRON INC (PRCP): Get Free ReportTHERMO FISHER (TMO): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
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.
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