M-tron Industries, Inc. (MPTI) Crossed Above the 200-Day Moving Average: What That Means for Investors

MPTI could be on the verge of another rally after moving 26.1% higher over the last four weeks. Plus, the company is currently a Zacks Rank #1 (Strong Buy) stock. Once investors consider MPTI's positive earnings estimate revisions, the bullish case only solidifies. No estimate has gone lower in the past two months for the current fiscal year, compared to 1 higher, and the consensus estimate has increased as well. Investors may want to watch MPTI for more gains in the near future given the company's key tech ...