Eagle Bulk Shipping Inc. was a big mover last session, as the company saw its shares rise almost 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $4.35 –$5.00 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has not seen any estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Eagle Bulk currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%. 

Another stock worth considering in the Transportation - Shipping industry is StealthGas Inc.(GASS Quick QuoteGASS - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Sell These Stocks. Now.

Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500.

See today's Zacks "Strong Sells" absolutely free >>.