Are There Positives In These Stocks? Bruker Corporation (BRKR), Axcelis Technologies Inc (ACLS) and ORBCOMM Inc (ORBC)
New York, NY – GDP INSIDER – 04/02/2015.
This article discusses three companies: Bruker Corporation (NASDAQ:BRKR), Axcelis Technologies Inc (NASDAQ:ACLS) and ORBCOMM Inc (NASDAQ:ORBC)
Bruker Corporation (NASDAQ:BRKR) continued to climb yesterday with the stock closing up 0.76% as the stock gained fourteen cents to finish the day at a closing price of $18.61 on higher than normal trading volume of 1.22 million, compared to its 30 day average trading volume of 0.955 million. Despite the gain, the stock is trading 23.35% well below its 52 week high of $24.93. The US-based global manufacturer of scientific instruments has a beta of 1.18, which indicates the stock is 18% more volatile than the market. With RSI of 46.48 and one year target price estimate of $20.62, Bruker Corporation has good long term investment potential.
Axcelis Technologies Inc (NASDAQ:ACLS) gained $0.22 to finish the day at a closing price of $2.60, a 9.24% increase in value from its previous closing price on normal trading volume of 0.735 million, compared to its 30 day average trading volume of 0.589 million. The shares of Axcelis Technologies Inc have been trading well over the past six months, outperforming the S&P 500 by 29.35% compared to the index which has gained 5.83% over the same period. The RSI of 52.58 indicates the stock is not overvalued at the current levels and going to climb higher in the near term, making it a hold for now.
ORBCOMM Inc (NASDAQ:ORBC) continued to decline yesterday with the stock losing 0.17% or one cent to finish the day at anew closing price of $5.96 on higher than average trading volume of 1.01 million, compared to its three month average trading volume of 0.273 million. The US-based machine to machine (M2M) communication solution provider is currently trading 3.41% above its 20 day moving average of $5.77 and 3.10% above its 50 day moving average of 5.76. RSI of 57.08 indicates the stock is not over valued at the current levels, the MFI of 48.55 shows the money is flowing in right direction, hold.
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