Xcerra Corp. (NASDAQ:XCRA) rose 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 trading hands. The stock had previously closed at $5.81.

XCRA has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “hold” rating on shares of Xcerra Corp. in a research note on Tuesday, June 7th. Zacks Investment Research downgraded shares of Xcerra Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 10th. DA Davidson reissued a “buy” rating and issued a $10.00 price target on shares of Xcerra Corp. in a research note on Monday. Finally, B. Riley reaffirmed a “buy” rating and set a $8.50 target price on shares of Xcerra Corp. in a research note on Friday, May 20th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $8.19.

The firm has a market cap of $292.78 million and a PE ratio of 25.80. The firm has a 50 day moving average of $5.95 and a 200 day moving average of $6.00.

Xcerra Corp. (NASDAQ:XCRA) last released its quarterly earnings results on Thursday, September 1st. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.04. The firm had revenue of $91.23 million for the quarter, compared to analyst estimates of $91.76 million. Xcerra Corp.’s revenue for the quarter was down 10.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.16 earnings per share. On average, analysts predict that Xcerra Corp. will post $0.02 earnings per share for the current year.

In other Xcerra Corp. news, VP Pascal Ronde sold 30,000 shares of the firm’s stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $6.63, for a total transaction of $198,900.00. Following the sale, the vice president now directly owns 221,250 shares of the company’s stock, valued at approximately $1,466,887.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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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