Xcerra Corp. (NASDAQ:XCRA) shares shot up 2.4% during mid-day trading on Wednesday . The company traded as high as $6.10 and last traded at $5.95, with a volume of 91,207 shares changing hands. The stock had previously closed at $5.81.

A number of analysts have recently commented on the company. B. Riley restated a “buy” rating and issued a $8.25 price target on shares of Xcerra Corp. in a report on Wednesday. DA Davidson restated a “buy” rating and issued a $10.00 price target on shares of Xcerra Corp. in a report on Monday. Zacks Investment Research lowered Xcerra Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, August 10th. Finally, Needham & Company LLC restated a “hold” rating on shares of Xcerra Corp. in a report on Tuesday, June 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $8.19.

The company has a market cap of $316.33 million and a price-to-earnings ratio of 27.88. The stock has a 50 day moving average of $5.98 and a 200-day moving average of $6.00.

In related news, VP Pascal Ronde sold 30,000 shares of the firm’s stock in a transaction on Thursday, June 9th. The stock was sold at an average price of $6.63, for a total transaction of $198,900.00. Following the completion of the transaction, the vice president now directly owns 221,250 shares of the company’s stock, valued at approximately $1,466,887.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Xcerra Corporation, formerly LTX-Credence Corporation, is engaged in providing test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, Printed Circuit Board (PCB) Test, Probes/Pins and Fixtures.

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