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Immersion (IMMR) in Focus: Stock Moves 23.4% Higher

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Immersion Corporation (IMMR - Free Report) was a big mover last session, as the company saw its shares rise more than 23% on the day. The move came on solid volume too 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 $8.31 to $9.25 in the past one-month time frame.

The company has seen no estimates revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Immersion currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

 

 

Another stock in the Computer and Technology sector is Radcom Ltd. (RDCM - Free Report) , which currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Immersion Corporation (IMMR) - free report >>

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