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Fidelity Southern Corporation (LION - Free Report) was a big mover last session, as the company saw its shares rise almost 8% on the day. The move came after the company reported better-than-expected first-quarter 2017 results. This also led to 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 $20.17 to $22.38 in the past one-month time frame.
The stock has seen one negative estimate revision in the last 30 days and the Zacks Consensus Estimate also moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher can last.
Currently, Fidelity Southern Corporation carries a Zacks Rank #4 (Sell).
Is LION going up? Or down? Predict to see what others think: Up or Down
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time. One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>
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Fidelity Southern Corp (LION) Looks Good: Stock Jumps 8%
Fidelity Southern Corporation (LION - Free Report) was a big mover last session, as the company saw its shares rise almost 8% on the day. The move came after the company reported better-than-expected first-quarter 2017 results. This also led to 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 $20.17 to $22.38 in the past one-month time frame.
The stock has seen one negative estimate revision in the last 30 days and the Zacks Consensus Estimate also moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher can last.
Currently, Fidelity Southern Corporation carries a Zacks Rank #4 (Sell).
Fidelity Southern Corporation Price
Fidelity Southern Corporation Price | Fidelity Southern Corporation Quote
A better-ranked stock in the same industry is Synovus Financial Corp. (SNV - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is LION going up? Or down? Predict to see what others think: Up or Down
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time. One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>