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Shoe Carnival (SCVL) in Focus: Stock Jumps 5% in Session

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Shoe Carnival Inc. (SCVL - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 14% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Shoe Carnival currently carries a Zacks Rank #4 (Sell).

A better-ranked stock in the same industry is The Children's Place, Inc. (PLCE - Free Report) , sporting a Zacks Rank #1 (Strong Buy).

Is SCVL going up? Or down? Predict to see what others think: Up or Down

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