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Conn Inc. (CONN) Looks Good: Stock Adds 12% in Session
Conn, Inc. was a big mover last session, as the company saw its shares rise over 12% 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 $6.62 to $7.09 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days, while its Zacks Consensus Estimate moved lower, suggesting 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.
Conn has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
A better-ranked stock in the same industry is hhgregg, Inc. , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is CONN going up? Or down? Predict to see what others think: Up or Down
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