Mandalay Digital Group, Inc. (MNDL) Surges: Stock Moves 18.3% Higher


Mandalay Digital Group, Inc. (MNDL) was a big mover last session, as the company saw its shares rise over 18% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 37.5% in the past seven days.

The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Mandalay Digital Group currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the technology sector include Benchmark Electronics Inc. (BHE), Baidu, Inc. (BIDU) and AVX Corp. (AVX). Each of these stocks sports a Zacks Rank #1 (Strong Buy).

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