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Craft Brew Alliance (BREW) in Focus: Stock Rises 11.4%
Craft Brew Alliance, Inc. was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the company is now trading above the volatile price range of $7.56 to $8.61 in the past one-month time frame.
Over the last 30 days, this company has seen one negative estimate revision while its Zacks Consensus Estimate moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Craft Brew Alliance currently carries a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
A better-ranked beverages-alcohol stock is Molson Coors Brewing Company (TAP - Free Report) , sporting a Zacks Rank #1 (Strong Buy).
Is BREW going up? Or down? Predict to see what others think: Up or Down
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