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The McClatchy Company (MNI) Catches Eye: Stock Up 5.6%

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The McClatchy Company was a big mover last session, as its shares rose almost 6% 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 stock is now trading above the volatile price range of $10.30 to $11.72 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.

The McClatchy Company currently has a Zacks Rank #3 (Hold) while the Earnings ESP is 0.00%.

A better-ranked  stock from the wider Consumer-Staples sector is B&G Foods Inc. (BGS - Free Report) which sports a Zacks Rank #1 (Strong Buy).

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

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