Multi-Fineline Electronix, Inc. (MFLX) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for MFLX as the stock is now down over 11% since Mar 5.
The printed circuit board manufacturer has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
MFLX currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same sector is AU Optronics Corp. (AUO), holding a Zacks Rank #1 (Strong Buy).
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MULTI-FINELINE (MFLX): Free Stock Analysis Report
AU OPTRONCS-ADR (AUO): Free Stock Analysis Report
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