Brookdale Senior Living (BKD) Looks Good: Stock Gains 8.3% in Session

BKD

Brookdale Senior Living Inc. (BKD - Free Report) was a big mover last session, as the company saw its shares rise over 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 nearly flat price trend ranging between  $13.7-$14.5 in the past one-month time frame.

The shares of Brookdale Senior Living likely appreciated on the back of rumors that the company is likely to get acquired by China's Zhonghong Zhuoye Group.

The company has seen no estimate revision in the past 30 days, as a result of which, the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future

Brookdale Senior Livingcurrently has a Zacks Rank #3 (Hold) while its Earnings ESPis 0.00%. 

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