Nova Measuring Instruments Ltd. (NASDAQ:NVMI) was a big mover last session, as the company saw its shares rise more than 6% on Friday. 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 $25.77 to $31.26 in the past one-month time frame.
The company has seen one positive estimate revision in the past one month, while its Zacks Consensus Estimate has also moved higher over the same time frame, suggesting that more solid trading could be ahead for Nova. 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.
Nova currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Nova Measuring Instruments Ltd. Price
Another stock worth considering in the Electronics - Measuring Instruments industry is Orbotech Ltd. (NASDAQ:ORBK) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is NVMI 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 Instruments Ltd. (NVMI): Free Stock Analysis Report
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