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Analogic Corp. (ALOG) Jumped To A New High On Strong Q2 Earnings

Analogic Corp. (ALOG) reported second quarter EPS of $1.27 after the bell Monday, up from $0.99 a year ago. Analysts expected EPS of $0.69.

Analogic gapped up sharply Tuesday, but pared its gains during the first hour of trade, before settling into a range. The stock closed up by 8.95 at $93.90 on the highest volume of the year. Analogic broke out past resistance and set a new high for the year.

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