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NewStar Financial (NEWS) in Focus: Stock Moves 6.5% Up

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NewStar Financial, Inc. was a big mover last session, as its shares rose almost 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Yesterday’s rally continues the recent uptrend for the company, as the stock is now up over 42% in the past one-month time frame.

Over the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

NewStar Financial currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better- ranked finance stock is Gladstone Capital Corporation (GLAD - Free Report) , carrying a Zacks Rank #2 (Buy).

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