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Blackhawk Network (HAWK) Catches Eye: Stock Jumps 5.1%
Blackhawk Network Holdings, Inc. was a big mover last session, as the company saw its shares rise above 5% on the day. The upside was driven by the company’s narrower-than-expected loss and better-than-expected revenues for second-quarter 2016. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $31.40–$34.42 in the past one-month time frame.
In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Blackhawk Network currently carries a Zacks Rank #4 (Sell).
BLACKHAWK NETWK Price
BLACKHAWK NETWK Price | BLACKHAWK NETWK Quote
A better-ranked Finance-Miscellaneous Services stock Moneygram International Inc. , which sports a Zacks Rank #1 (Strong Buy).
Is HAWK going up? Or down? Predict to see what others think: Up or Down
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