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American River Bankshares (AMRB) Jumps: Stock Up 8.7%

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American River Bankshares was a big mover last session, as the company saw its shares rise roughly 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 $10.55 to $11.07 in the past one-month time frame.

The company witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for American River Bankshares. So make sure to keep an eye on this stock going forward to see if the recent jump can turn into more strength down the road.

American River Bankshares currently sports a Zacks Rank #1 (Strong Buy).

Another well-ranked stock in the same industry is First Republic Bank , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here

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

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