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Pointer Telocation (PNTR) In Focus: Stock Moves 12.4% Higher

Pointer Telocation Ltd.PNTR was a big mover last session, as its shares rose over 12% on the day. The upside after the company reported record first-quarter 2017 results. This led to 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 $8.80 to $9.50 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.

Pointer Telocation currently carries a Zacks Rank #3 (Hold).

Pointer Telocation Ltd. Price

Pointer Telocation Ltd. Price | Pointer Telocation Ltd. Quote

A better-ranked stock in the Security and Safety Services space is Allegion plc ALLE , carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

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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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