Back to top

Tale of the Tape

Zacks Equity Research

Universal Electronics (UEIC) Jumps: Stock Rises 6.7%

UEIC CUB MG

Trades from $3
Read Full ArticleHide Full Article
Universal Electronics Inc. (UEIC - Free Report) was a big mover last session, as the company saw its shares rise 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 $34.24 to $37.35 in the past one-month time frame.

The company has seen two positive revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Universal Electronics. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Universal Electronics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some other stocks worth consideration in the electronic equipment industry include Mistras Group, Inc. (MG - Free Report) , Cubic Corp. (CUB - Free Report) and GigOptix, Inc. . While Mistras Group has a Zacks Rank #1 (Strong Buy), Cubic Corp and GigOptix carry a Zacks Rank #2 (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 >>




In-Depth Zacks Research for the Tickers Above


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


Universal Electronics Inc. (UEIC) - free report >>

Cubic Corporation (CUB) - free report >>

Mistras Group Inc (MG) - free report >>