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Mobileye (MBLY) Looks Good: Stock Adds 6.7% in Session
Mobileye N.V. (MBLY - Free Report) was a big mover last session, as its shares rose almost 7% on the day. The move came after the company announced a partnership with Delphi Automotive PLC to jointly develop a complete SAE Level 4/5 automated driving solution. This led to 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 $45.24 to $49.30 in the past one-month time frame.
Over the last 30 days, the company witnessed two positive estimate revisions and one negative revision while The Zacks Consensus Estimate 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.
Mobileye currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
MOBILEYE NV Price
MOBILEYE NV Price | MOBILEYE NV Quote
A better-ranked stock in the elec-misc components space is Stoneridge Inc. (SRI - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is MBLY going up? Or down? Predict to see what others think: Up or Down
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