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Zayo Group Holdings, Inc. was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 22.3% in the past one-month time frame.
The company has seen four positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Zayo Group. So 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.
Zayo Group currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Is ZAYO going up? Or down? Predict to see what others think: Up or Down
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The greatest discovery in this century of biology is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating revenue, and cures for a variety of deadly diseases are in the pipeline.
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Zayo Group (ZAYO) Catches Eye: Stock Jumps 6.8%
Zayo Group Holdings, Inc. was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 22.3% in the past one-month time frame.
The company has seen four positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Zayo Group. So 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.
Zayo Group currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Zayo Group Holdings, Inc. Price
Zayo Group Holdings, Inc. Price | Zayo Group Holdings, Inc. Quote
A better-ranked stock in the Computer and Technology sector is BlackBerry Limited (BB - 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 ZAYO going up? Or down? Predict to see what others think: Up or Down
3 Medical Stocks to Buy Now
The greatest discovery in this century of biology is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating revenue, and cures for a variety of deadly diseases are in the pipeline.
So are big potential profits for early investors. Zacks has released an updated Special Report that explains this breakthrough and names the best 3 stocks to ride it.
See them today for free >>