Everspin Technologies, Inc. MRAM was a big mover last session, as its shares rose almost 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 45% in the past one-month time frame.
The company has seen two positive estimate revisions in the past 30 days while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Everspin currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
EVERSPIN TECH Price
EVERSPIN TECH Price | EVERSPIN TECH Quote
A top ranked stock in the Technology Services space is Renishaw plc RNSHF, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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