Ultra Clean Holdings, Inc. (UCTT) may retrace in absence of high volumes
Ultra Clean Holdings, Inc. (NASDAQ: UCTT), a small-cap stock with a market-cap of $125 million, has already surged by almost 16.77% on Monday by afternoon, following the upgrade to 'buy' earlier today by a brokerage firm.
Ultra Clean Holdings, Inc. (UCTT) surge is, however, not coupled with high volumes, though UCTT continues to trade well above its 50 days moving average and 200 days moving average.
UCTT may pare some of its gains in days ahead, if it does not evince higher volumes in days ahead.
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