Xcerra (XCRA) Reaches $13.18 After 4.00% Up Move; Shorts at SAMA RESOURCES INC/RESSOURCES SAMA (LNZCF) Raised By 1400%

May 8, 2018 - By Adrian Erickson

Xcerra Corporation (NASDAQ:XCRA) Logo

The stock of Xcerra Corporation (NASDAQ:XCRA) is a huge mover today! The stock increased 2.65% or $0.34 during the last trading session, reaching $13.18. About 2.23 million shares traded or 83.22% up from the average. Xcerra Corporation (NASDAQ:XCRA) has risen 27.12% since May 8, 2017 and is uptrending. It has outperformed by 15.57% the S&P500.The move comes after 5 months positive chart setup for the $723.77 million company. It was reported on May, 8 by Barchart.com. We have $13.71 PT which if reached, will make NASDAQ:XCRA worth $28.95 million more.

SAMA RESOURCES INC/RESSOURCES SAMA INC (OTCMKTS:LNZCF) had an increase of 1400% in short interest. LNZCF’s SI was 1,500 shares in May as released by FINRA. Its up 1400% from 100 shares previously. It closed at $0.3 lastly. It is down 0.00% since May 8, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 6 analysts covering Xcerra (NASDAQ:XCRA), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Xcerra has $1600 highest and $8 lowest target. $11.90’s average target is -9.71% below currents $13.18 stock price. Xcerra had 13 analyst reports since September 4, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, August 28 by B. Riley & Co. Needham maintained the shares of XCRA in report on Thursday, October 26 with “Hold” rating. The firm has “Buy” rating given on Friday, February 23 by DA Davidson. As per Tuesday, April 17, the company rating was upgraded by Needham. The rating was maintained by Needham on Wednesday, August 30 with “Hold”. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, November 18. DA Davidson maintained the stock with “Buy” rating in Friday, September 4 report. DA Davidson downgraded Xcerra Corporation (NASDAQ:XCRA) rating on Tuesday, April 11. DA Davidson has “Neutral” rating and $10.25 target. B. Riley & Co downgraded Xcerra Corporation (NASDAQ:XCRA) on Tuesday, April 11 to “Neutral” rating. The firm has “Hold” rating given on Monday, May 15 by Stifel Nicolaus.

More recent Xcerra Corporation (NASDAQ:XCRA) news were published by: Streetinsider.com which released: “Cohu (COHU) Reports Agreement to Acquire Xcerra Corporation (XCRA) for Approx. $796M” on May 08, 2018. Also Streetinsider.com published the news titled: “Pre-Open Movers 05/08: (PI) (VRX) (FRED) Higher; (NVRO) (IONS) (AKCA) Lower (more…)” on May 08, 2018. Prnewswire.com‘s news article titled: “Shareholder Alert: Ademi & O’Reilly, LLP Investigates whether Xcerra Corporation has obtained a Fair Price in its Sale …” with publication date: May 08, 2018 was also an interesting one.

Xcerra Corporation provides test and handling capital equipment, interface products, and test fixtures and related services to the semiconductor and electronics manufacturing industries worldwide. The company has market cap of $723.77 million. It operates through two divisions, Semiconductor Test Solutions and Electronic Manufacturing Solutions. It has a 16.11 P/E ratio. The firm offers Diamond series platform that offers high-density packaging for the testing of microcontrollers, and consumer and digital ASSP and ASIC devices; X-Series platform that offers configurations for the testing of analog ASSP and ASIC, power, automotive, mixed signal, and RF applications; and ASL platform for testing linear, low-end mixed signal, precision analog, and power management devices.

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