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eMagin Corporation was a big mover last session, as the company saw its shares rise almost 19% on the day. The upside was driven after the company announced that management would demonstrate its highest brightness, direct patterned micro-displays made for the virtual reality and augmented reality market at CES. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.95 to $2.15 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days, while the Zacks Consensus Estimate also remained unchanged. Yesterday’s action is encouraging though, so make sure to keep a close watch on this firm in the near future.
eMagin Corporation carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Is EMAN going up? Or down? Predict to see what others think: Up or Down
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eMagin Corporation (EMAN) Looks Good: Stock Surges 18.6%
eMagin Corporation was a big mover last session, as the company saw its shares rise almost 19% on the day. The upside was driven after the company announced that management would demonstrate its highest brightness, direct patterned micro-displays made for the virtual reality and augmented reality market at CES. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.95 to $2.15 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days, while the Zacks Consensus Estimate also remained unchanged. Yesterday’s action is encouraging though, so make sure to keep a close watch on this firm in the near future.
eMagin Corporation carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
EMAGIN CORP Price
EMAGIN CORP Price | EMAGIN CORP Quote
A better-ranked stock in the same industry is Applied Optoelectronics, Inc. (AAOI - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is EMAN going up? Or down? Predict to see what others think: Up or Down
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades>>