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Rambus (RMBS) in Focus: Stock Adds 5.1% in Session - Tale of the Tape

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Rambus Inc. ( RMBS ) was a big mover last session, as the company saw its shares rise more than 5% 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 $11.32 to $12.36 over the past one-month time frame.

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

Rambus Inc. holds a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include Applied Micro Circuits Corporation ( AMCC ), Avago Technologies Limited ( AVGO ) and Exar Corp. ( EXAR ). All these stocks sport a Zacks Rank #1 (Strong Buy).

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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

RAMBUS INC (RMBS): Free Stock Analysis Report

APPLD MICRO CIR (AMCC): Free Stock Analysis Report

AVAGO TECHNOLOG (AVGO): Free Stock Analysis Report

EXAR CORP (EXAR): 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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