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Orbotech (ORBK) Looks Good: Stock Adds 5% in Session

Orbotech Ltd. ORBK was a big mover last session, as the company saw its shares rise over 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 $Array9.38 to $2Array.27 in the past one-month time frame.

In the last 30 days, the company witnessed two positive estimate revisions and the Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for Orbotech. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Orbotech currently sports a Zacks Rank #Array (Strong Buy).

Another favorably ranked stock in the same industry is Nova Measuring Instruments Ltd. NVMI, with a Zacks Rank #Array.

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

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ORBOTECH LTD (ORBK): Free Stock Analysis Report
 
NOVA MEASURING (NVMI): Free Stock Analysis Report
 
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