Violin Memory, Inc. (VMEM) saw a big move last session, as the company’s shares fell by nearly 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for VMEM, as the stock is now up over 17% since Aug 28, 2014.

Although this slump was obviously disappointing, the computer storage device company has seen 1 positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for VMEM. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.

VMEM currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Investors interested in the same industry may consider better-ranked stocks like Datalink Corporation (DTLK), Silicon Graphics International Corp. (SGI) and Super Micro Computer, Inc. (SMCI). All these stocks carry a Zacks Rank #1 (Strong Buy).

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VIOLIN MEMORY INC (VMEM): Free Stock Analysis Report

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