II-VI Incorporated was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the company’s recent uptrend – as the stock is now up 15.6% over past one month time frame.

II-VI Incorporated has seen two negative estimate revisions over the past two months. The Zacks Consensus Estimate for the current quarter has also revised downward 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.  

II-VI Incorporated currently has a Zacks Rank #3 (Hold) while its Earnings ESPis negative.

II-VI Incorporated Price and Consensus

A better ranked stock worth considering in the  Manufacturing - Electronics industry is Rexnord Corporation which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank  stocks here.

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

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