Scorpio Bulkers Inc. was a big mover last session, as the company saw its shares rise over 6% 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 $6.75–$7.80 in the past one-month time frame, witnessed a sharp increase yesterday.

The company’s Zacks Consensus Estimate has seen two upward revisions versus two downward revisions in the past two months causing the current quarter estimate to move higher in last one month, suggesting that more solid trading could be ahead for Scorpio BulkersSo make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road. 

Scorpio Bulkers currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Scorpio Bulkers Inc. Price and Consensus

Scorpio Bulkers Inc. Price and Consensus | Scorpio Bulkers Inc. Quote

A better ranked stock in the Transportation - Shipping industry is Diana Containerships Inc. which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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