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ZTO Express (ZTO) Catches Eye: Stock Jumps 8.8%

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ZTO Express (Cayman) Inc. (ZTO - Free Report) was a big mover last session, as the company saw its shares rise more than 8% 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 $19.24 to $21.30 in the past one-month time frame.

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

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

Investors interested in the Transportation - Services industry may consider Echo Global Logistics, Inc. , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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