Maxwell (MXWL) Jumps: Stock Adds 11.1% in Session
Maxwell Technologies, Inc. (MXWL) was a big mover last session with its shares rising over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend of the company as the stock has lost over 6% since March 18.
This manufacturer of energy storage and power delivery products has seen a mixed track record when it comes to estimate revisions of 1 increase and 2 decreases over the past 60 days. However, the Zacks Consensus Estimate has moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can last.
Maxwell Technologies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the medical devices industry may consider better-ranked stocks like Active Power Inc. (ACPW), Ballard Power Systems Inc. (BLDP) and InvenSense, Inc. (INVN). All the three stocks bear a Zacks Ranks #2 (Buy).
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MAXWELL TECH INC (MXWL): Free Stock Analysis Report
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BALLARD POWER SYSTEMS INC (BLDP): Free Stock Analysis Report
INVENSENSE INC (INVN): Free Stock Analysis Report
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