- 24 февраля 2016, 16:45
- Zacks Investment Research
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.
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 >>
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
ORBOTECH LTD (ORBK): Free Stock Analysis Report
NOVA MEASURING (NVMI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research