Perceptron (PRCP) Catches Eye: Stock Adds 11.6% in Session

Perceptron, Inc. PRCP was a big mover last session, as its shares rose over 11% on the day. The move came after the company reported fiscal second-quarter 2017 net income of $2.5 million. This led to 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 $6.33 to $6.70 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.

Perceptron currently carries a Zacks Rank #4 (Sell).

Perceptron, Inc. Price

 

Perceptron, Inc. Price | Perceptron, Inc. Quote

A better-ranked stock in the Electronics - Measuring Instruments space is Nova Measuring Instruments Ltd. NVMI, carrying a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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