SolarEdge Technologies, Inc. (SEDG - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 5.2% in the past one-month time frame.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for SolarEdge Technologies. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
SolarEdge Technologies currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
SolarEdge Technologies, Inc. Price
Another stock worth considering in the Oils-Energy sector is JA Solar Holdings, Co., Ltd (JASO - Free Report) which also carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.
Is SEDG going up? Or down? Predict to see what others think: Up or Down
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