CEVA, Inc. (CEVA) Looks Good: Stock Adds 5.1% in Session
CEVA, Inc. CEVA was a big mover last session, as its shares rose a little over 5% on the day. The move came after the company announced that it has developed the industry's first intelligent always-on visual sensor specifically designed to overcome the power and cost constraints of vision processing for IoT applications together with Himax Imaging, Inc., a subsidiary of Himax Technologies, Inc. HIMX and emza Visual Sense. 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 $29.65 to $32.40 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.
CEVA, Inc. currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
CEVA INC Price
CEVA INC Price | CEVA INC Quote
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