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ClearOne (CLRO) in Focus: Stock Jumps 6% in Session

Zacks Equity Research
Updated

ClearOne, Inc. CLRO was a big mover last session, as the company saw its shares rise nearly 5% 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 13.2% 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.

ClearOne currently carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

ClearOne, Inc. Price

 

ClearOne, Inc. Price | ClearOne, Inc. Quote

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A better-ranked stock in the same space is Acacia Communications, Inc. ACIA, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CLRO going up? Or down? Predict to see what others think: Up or Down

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ClearOne, Inc. (CLRO): Free Stock Analysis Report
 
Acacia Communications, Inc. (ACIA): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research