Is This Stock a Screaming Buy: CyberOptics Corp. (NASDAQ:CYBE)

Equity Research firms currently have a positive stance on shares of CyberOptics Corp. (NASDAQ:CYBE). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $26.50 on a short term basis.

At the time of writing, the stock was trading at $24.88. This represents a change from the opening price of 2.52%. In terms of performance, year to date, the stock is 214.77%. The monthly stock performance comes in at 8.81%. For the quarter, shares are performing at 49.66%. Weekly performance analysis shows the equity at -0.45%.

In taking a look at technical levels, shares are trading 22.09% away from the 50 day simple moving average and 72.11% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -2.08% away from it’s 52- week high and 324.61% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, CyberOptics Corp.’s RSI stands at 63.05. In looking at volatility levels, the shares saw weekly volatility of 3.59% and 5.65% over the past month.

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