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Craft Brew Alliance (BREW) Catches Eye: Stock Rises 10%
Craft Brew Alliance was a big mover last session, as the company saw its shares rise over 10% on the day. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $10.96 to $12.69 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days while 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.
Craft Brew has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Another better-ranked stock in the same industry is Constellation Brands Inc. (STZ - Free Report) holding a Zacks Rank #2 (Buy).
Is BREW going up? Or down? Predict to see what others think: Up or Down
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