Credit: Shutterstock photoVOXX International Corporation ( VOXX ) saw a big move last session, as the company's shares fell by over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for VOXX as the stock is now down nearly 26% in the past one-month time frame.
This consumer electronics company has seen a mixed track record when it comes to current year estimate revisions over the past few weeks. There have been no upward or downward revisions, but the consensus for earnings has moved up over the last 30 days. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
VOXX currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Some better-ranked stocks in the computer technology sector include Mistras Group, Inc. ( MG ), Broadcom Corp. ( BRCM ) and GigOptix, Inc. ( GIG ). While Mistras Group and Broadcom hold a Zacks Rank #1 (Strong Buy), GigOptix holds a Zacks Rank #2 (Buy).
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BROADCOM CORP-A (BRCM): Free Stock Analysis Report
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MISTRAS GROUP (MG): Free Stock Analysis Report
VOXX INTL CP (VOXX): 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.
