Impinj (PI) Shows Strength: Stock Adds 19.1% In Session
Zacks Investment Research | Jun 18, 2017 09:25PM ET
Impinj, Inc. (NASDAQ:PI) was a big mover last session, as its shares rose a little over 19% 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 $40.73 to $49.14 in the past one-month time frame.
Over the last 30 days, the company witnessed one positive estimate revision. However, the Zacks Consensus Estimate remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Impinj currently carries a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Impinj, Inc. Price
Is PI going up? Or down? Predict to see what others think: Down
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