We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
The Bancorp (TBBK) in Focus: Stock Adds 8% in Session
The Bancorp Inc. (TBBK - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% 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 $4.83 to $5.30 since Jul 29, 2016.
In the last 30 days, the company witnessed one negative estimate revision and the Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
The Bancorp currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
BANCORP BNK/THE Price
BANCORP BNK/THE Price | BANCORP BNK/THE Quote
A better-ranked stock in the same industry is Midland States Bancorp, Inc. (MSBI - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is TBBK 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 >>