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KEMET (KEM) in Focus: Stock Climbs 9.4% in Session

KEMET Corp. KEM was a big mover last session, as the company saw its shares climb over 9% on the day. Shares gained after the company reported better-than-expected revenues for the fourth quarter of fiscal 2016. The news led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 38.6% 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.

KEMET currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the same industry is TDK Corporation TTDKY, sporting a Zacks Rank #1 (Strong Buy).

Is KEM going up? Or down? Predict to see what others think: Up or Down

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TDK CORP-ADS (TTDKY): Free Stock Analysis Report
 
KEMET CORP (KEM): Free Stock Analysis Report
 
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