Sony Corporation (SNE) Zooms: Stock Up 5.6% - Tale of the Tape

By Zacks Equity Research,

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Sony Corporation ( SNE ) was a big mover last session, as its shares surged nearly 6% on the day. The surge came on solid volume too with far more shares changing hands than in a normal session. This reverses the trend for the stock since Jan 8, as it is now down almost 12%.

In the last 30 days, the company witnessed two negative estimate revisions and the Zacks Consensus Estimate also moved lower. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.

Sony currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the electronic equipment industry include Skullcandy, Inc. ( SKUL ), Harman International Industries, Incorporated ( HAR ) and Audience, Inc. ( ADNC ). While Harman International sports a Zacks Rank #1 (Strong Buy), Skullcandy and Audience carry a Zacks Rank #2 (Buy).

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AUDIENCE INC (ADNC): Free Stock Analysis Report

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SKULLCANDY INC (SKUL): Free Stock Analysis Report

SONY CORP ADR (SNE): 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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: ADNC , HAR , SKUL , SNE

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