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CEVA Looks Good: Stock Moves 7.2% Higher in Session

CEVA Inc.CEVA was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume 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 $21.79 to $24.86 over the past one-month time frame.

This semiconductor industry stock witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for CEVA. So make sure to keep an eye on this stock going forward to see if Friday's jump can turn into more strength down the road.

CEVA sports a Zacks Rank #1 (Strong Buy).

Investors interested in the space may also consider FormFactor Inc. FORM , also carrying a Zacks Rank #1.

Is CEVA going up? Or down? Predict to see what others think: Up or Down

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FORMFACTOR INC (FORM): 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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