See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (SBS) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (SBS) - free report >>
Image: Bigstock
SABESP (SBS) Surges: Stock Moves 6.9% Higher
SABESP (SBS - Free Report) 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 continues the recent uptrend for the company as the stock is now up 31.4% in the past one-month time frame.
The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.
SABESP currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp Price
Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp Price | Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp Quote
A better-ranked stock in the Utility - Water Supply industry is Middlesex Water Company (MSEX - 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 SBS going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>