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CNA Financial (CNA) in Focus: Stock Moves 5.5% Higher
CNA Financial Corporation (CNA - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $49.99 to $51.04 in the past one month time frame.
The move came after the company reported solid third-quarter 2017 results.
The company has seen one negative estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
CNA Financial Corporation Price
CNA Financial Corporation Price | CNA Financial Corporation Quote
CNA Financial currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
A better-ranked stock in the Finance sector is NMI Holdings, Inc. (NMIH - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CNA going up? Or down? Predict to see what others think: Up or Down
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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