Impinj, Inc. (NASDAQ:PI) was a big mover last session, as its shares rose a little over 19% 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 $40.73 to $49.14 in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision. However, the Zacks Consensus Estimate remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Impinj currently carries a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the Electronics – Semiconductors space is Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is PI going up? Or down? Predict to see what others think: Up or Down
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Alpha and Omega Semiconductor Limited (AOSL): Free Stock Analysis Report
Impinj, Inc. (PI): Free Stock Analysis Report
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