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PCTEL (PCTI) Shows Strength: Stock Adds 10% in Session

PCTEL, Inc.PCTI was a big mover last session, as its shares rose a little over 10% 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 $5.14 to $5.46 in the past one-month time frame.

None of the estimates for this 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.

PCTEL currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Pctel Inc. Price

Pctel Inc. Price | Pctel Inc. Quote

Another favorably placed stock in the Wireless Equipment space is Harris Corporation HRS , carrying a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

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

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Harris Corp. (HRS): Free Stock Analysis Report

Pctel Inc. (PCTI): 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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