Universal Electronics (UEIC) Jumps: Stock Rises 6.7% - Tale of the Tape

By
A A A

Universal Electronics Inc. ( UEIC ) was a big mover last session, as the company saw its shares rise over 6% 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 $34.24 to $37.35 in the past one-month time frame.

The company has seen two positive revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Universal Electronics. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.

Universal Electronics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some other stocks worth consideration in the electronic equipment industry include Mistras Group, Inc. ( MG ), Cubic Corp. ( CUB ) and GigOptix, Inc. ( GIG ). While Mistras Group has a Zacks Rank #1 (Strong Buy), Cubic Corp and GigOptix carry a Zacks Rank #2 (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 >>


CUBIC CORP (CUB): Free Stock Analysis Report

GIGOPTIX INC (GIG): Free Stock Analysis Report

MISTRAS GROUP (MG): Free Stock Analysis Report

UNIVL ELECTRS (UEIC): 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: CUB , GIG , MG , UEIC

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Your Car Is Spying on You
Your Car Is Spying on You           

Stocks

Referenced

Most Active by Volume

73,074,414
  • $30.33 ▼ 3.90%
57,046,796
  • $15.52 ▲ 0.45%
51,288,731
  • $100.57 ▲ 0.04%
39,855,468
  • $8.13 ▲ 1.37%
31,693,544
  • $5.50 ▲ 20.35%
31,532,510
  • $10.33 ▲ 0.78%
31,526,753
  • $39.10 ▲ 47.21%
28,366,542
  • $26.36 ▲ 1.19%
As of 8/20/2014, 04:04 PM

Find a Credit Card

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