Back to top

Image: Bigstock

Medley Management (MDLY) Catches Eye: Stock Jumps 7.2%

Read MoreHide Full Article

Medley Management Inc. (MDLY - Free Report) was a big mover last session, as the company saw its shares rise 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company since Aug 17, as the stock is now trading above the volatile price range of $7.14 to $7.69.

In the last 30 days, the company has seen three downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.     
A better-ranked Finance-Investment Management stock is Virtus Investment Partners, Inc. (VRTS - Free Report) , which sports a Zacks Rank #1 (Strong Buy).

Is MDLY going up? Or down? Predict to see what others think: Up or Down

Confidential from Zacks

Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Virtus Investment Partners, Inc. (VRTS) - free report >>

Medley Management Inc. (MDLY) - free report >>

Published in