Shaw Communications Inc. was a big mover last session, as the company saw its shares rise a little above 5% on the day. The upside was driven by the company’s improved results for the second quarter and year-to-date results. This led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $20.25 to $20.90 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
 
Shaw Communications currently carries a Zacks Rank #3 (Hold).

Shaw Communications Inc. Price

 

Shaw Communications Inc. Price | Shaw Communications Inc. Quote

A better-ranked stock in the Cable Television industry is Cable ONE, Inc. (CABO Quick QuoteCABO - Free Report) sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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