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Tale of the Tape

Dynegy Inc. (DYN) in Focus: Stock Moves 5.1% Higher
April 24, 2014

 ZacksTrade Now

Dynegy Inc. was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 13% in the past one-month time frame.

This electric utilities company has seen one positive estimate revision and one negative estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Dynegy. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Dynegy currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some stocks in the same industry looking equally good include CPFL Energia S.A. , Entergy Corporation and NRG Energy, Inc. . All these stocks carry a Zacks Rank #1 (Strong Buy).

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