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Fidelity Southern (LION) Catches Eye: Stock Jumps 8.6%
Fidelity Southern Corporation (LION - Free Report) was a big mover last session, as the company saw its shares rise almost 9% on the day. The upside was driven after the company announced its third-quarter cash dividend. This also led to far more shares changing hands than in a normal session, resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 19.37% since Jul 5.
None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate moved higher suggesting more solid trading ahead. So make sure to keep an eye on this stock to see if this recent jump can turn into more strength down the road.
Fidelity Southern has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.
Another better-ranked stock in the same industry is Access National Corporation , sporting a Zacks Rank #1 (Strong Buy).
Is LION going up? Or down? Predict to see what others think: Up or Down
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