CEVA Inc. (CEVA Quick QuoteCEVA - Free Report) was a big mover last session, as the company saw its shares rise more than 10% on the day. The stock moved up after the company reported better-than-expected second-quarter 2016 earnings. This led to 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 $26.13 to $30.66 over the past one month time frame.

None of the estimates for this semiconductor industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

CEVA has a Zacks Rank #3 (Hold).

CEVA INC Price

CEVA INC Price | CEVA INC Quote

However, a better-ranked stock in the same space is Amkor Technology, Inc. (AMKR Quick QuoteAMKR - Free Report) , sporting a Zacks Rank #1 (Strong Buy).

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