Banco Macro S.A. (BMA Quick QuoteBMA - Free Report) was a big mover last session, as the company saw its shares rise nearly 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 $60.00 to $70.84 in the past one-month time frame.

In the last 30 days, the company witnessed one positive estimate revision and the Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for Banco Macro. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Banco Macro currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Banks-Foreign industry is Shinhan Financial Group Company Limited (SHG Quick QuoteSHG - Free Report) , which sports a Zacks Rank #1 (Strong Buy).

BANCO MACRO-ADR Price

BANCO MACRO-ADR Price | BANCO MACRO-ADR Quote

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

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>