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Continental Resources (CLR) in Focus: Stock Moves 5.8% Higher

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Continental Resources, Inc. was a big mover last session, as the company saw its shares rise almost 6% 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 $31.42 to $33.76 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of one increase and eight decreases over the past one month, while the Zacks Consensus Estimate for the current quarter has moved lower over the same time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Continental Resources currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the Oil and Gas - Exploration and Production - United States industry is Range Resources Corporation (RRC - Free Report) , which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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