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Axcelis Technologies (ACLS) Looks Good: Stock Rises 9.3%
Axcelis Technologies, Inc. (ACLS - Free Report) was a big mover last session, as the company saw its shares rise over 9% on the day. The move came after the company reported better-than-expected first-quarter 2017 results. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up 19% in the past one-month time frame.
The company has seen two positive estimate revisions in the last 30 days and the Zacks Consensus Estimate also moved higher suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Currently, Axcelis Technologies sports a Zacks Rank #1 (Strong Buy).
Axcelis Technologies, Inc. Price
Axcelis Technologies, Inc. Price | Axcelis Technologies, Inc. Quote
Another similarly-ranked stock in the same industry is Brooks Automation, Inc. . You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ACLS going up? Or down? Predict to see what others think: Up or Down
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