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Tale of the Tape

Zacks Equity Research

AudioCodes (AUDC) in Focus: Stock Moves 9.1% Higher
January 30, 2014

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AudioCodes Ltd. (AUDC - Snapshot Report) was a big mover last session, as the company saw its shares rise by over 9% 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 $6.87 to $7.76 in the past one-month time frame.

This communication equipment company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

AudioCodes currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Corning Inc. (GLW - Analyst Report), Premiere Global Services, Inc. and Westell Technologies, Inc. (WSTL - Snapshot Report). All these stocks hold a Zacks Rank #2 (Buy).

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