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Strength Seen in Gafisa (GFA): Stock Adds 8.8% in Session
Gafisa S.A. was a big mover last session, as the company saw its shares rise nearly 9% 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 $1.25 to $1.40 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.
Gafisa currently carries a Zacks Rank #3 (Hold).
GAFISA SA-ADR Price
GAFISA SA-ADR Price | GAFISA SA-ADR Quote
A better-ranked stock in the same industry is MDC Holdings Inc. , sporting a Zacks Rank #1 (Strong Buy).
Is GFA going up? Or down? Predict to see what others think: Up or Down
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