Back to top

Image: Bigstock

SunEdison Semiconductor (SEMI) Jumps: Stock Rises 6.1%

Read MoreHide Full Article

SunEdison Semiconductor Limited (SEMI - Free Report) was a big mover last session, as the company saw its shares rise above 6% on the day. The move came on solid volume 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 $5.94 to $7.08 in the past one-month time frame.

In the last 30 days, the company has seen one downward estimate revision and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.     

SunEdison Semiconductor currently holds a Zacks Rank #4 (Sell).

A better-ranked Semiconductor-Memory Chip (SEQPT-WAFER FAB) stock is Advanced Energy Industries, Inc. (AEIS - Free Report) , which sports a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Advanced Energy Industries, Inc. (AEIS) - free report >>

Columbia Seligman Semiconductor and Technology ETF (SEMI) - free report >>

Published in