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Everspin (MRAM) Catches Eye: Stock Jumps 11.9% in Session
Everspin Technologies, Inc. (MRAM - Free Report) was a big mover last session, as its shares rose almost 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 45% in the past one-month time frame.
The company has seen two positive estimate revisions in the past 30 days while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. 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.
Everspin currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
EVERSPIN TECH Price
EVERSPIN TECH Price | EVERSPIN TECH Quote
A top ranked stock in the Technology Services space is Renishaw plc (RNSHF - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is MRAM going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>