Will Acorn Energy Inc. (ACFN) Continue to Surge Higher? - Tale of the Tape
07 Janeiro 2014 - 10:44AM
Zacks
As
of late, it has definitely been a great time to be an investor in
Acorn Energy Inc.
(ACFN).
The stock has moved higher by 22.3% in the past
month, while it is also above its 20 Day SMA too. This combination
of strong price performance and favorable technical, could suggest
that the stock may be on the right path.
We certainly think that this might be the case, particularly if you
consider ACFN’s recent earnings estimate revision
activity. From this look, the company’s future is quite favorable;
as ACFN has earned itself a Zacks Rank #2
(Buy), meaning that its recent run may continue for a bit
longer, and that this isn’t the top for the in-focus
company.
ACORN ENERGY IN (ACFN): Free Stock Analysis Report
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