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OSI Systems (OSIS) in Focus: Stock Moves 9.1% Higher

OSI Systems, Inc.OSIS was a big mover last session, as the company saw its shares rise more than 9% on the day. Shares moved up on news that it is purchasing American Science and Engineering Inc. (ASEI) for $200 million. This led to 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 $49.44 to $53.91 over the past one-month time frame.

None of the estimates for this Electronics-Miscellaneous Components industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

OSI Systems has a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.

OSI SYSTEMS INC Price

OSI SYSTEMS INC Price | OSI SYSTEMS INC Quote

However, a better-ranked stock in the same space is Fabrinet FN , sporting a Zacks Rank #1 (Strong Buy).

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

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FABRINET (FN): Free Stock Analysis Report

OSI SYSTEMS INC (OSIS): 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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