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Air Transport Services (ATSG) Looks Good: Stock Jumps 17.1%

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Air Transport Services Group, Inc. (ATSG - Free Report) was a big mover last session, as the company saw its shares rise a little above 17% on the day. The upside was driven by the company’s strong top- and bottom-line growth during the first quarter. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 37% 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.

Air Transport Services currently has a Zacks Rank #4 (Sell).

Air Transport Services Group, Inc Price

 

A better-ranked stock in the Transportation – Air Freight and Cargo industry is United Parcel Service, Inc. (UPS - Free Report) carrying a Zacks Rank #3 (Hold). You can the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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