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Vuzix (VUZI) Shows Strength: Stock Adds 6.3% in Session

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Vuzix Corporation (VUZI - Free Report) was a big mover last session, as its shares rose over 6% 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 $5.85 to $8.20 in the past one-month time frame.

Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate moved lower over the same time frame, 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.

Vuzix currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the audio video production space is Harman International Industries, Incorporated , carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is VUZI going up? Or down? Predict to see what others think: Up or Down

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