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Hooker Furniture (HOFT) in Focus: Stock Up 5.1% in Session
Hooker Furniture Corp. (HOFT - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $22.83 to $24.70 in the past one-month time frame, showed a pick-up on Friday at $24.17.
This furniture industry stock witnessed one negative estimate revision over the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if the recent move higher lasts.
Hooker Furniture has a Zacks Rank #5 (Strong Sell).
HOOKER FURNITUR Price
HOOKER FURNITUR Price | HOOKER FURNITUR Quote
However, a better-ranked stock in the same space is Leggett & Platt, Incorporated (LEG - Free Report) , carrying a Zacks Rank #2 (Buy).
Is HOFT going up? Or down? Predict to see what others think: Up or Down
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