Ixia was a big mover last session, as the company saw its shares rise nearly 7% on the day. The upside was driven by Keysight Technologies’ announcement that it would buy Ixia for $1.6 billion in cash. This resulted in solid volume 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 $15.85 to $18.20 in the past one-month time frame.

None of the estimates for this 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.

Ixia currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Ixia Price

 

Ixia Price | Ixia Quote

A better-ranked stock in the same industry is Digi International Inc. (DGII Quick QuoteDGII - Free Report) , carrying a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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