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Montage Resources (MR) Surges: Stock Moves 7.6% Higher

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Montage Resources Corporation was a big mover last session, as the company saw its shares rise nearly 8% 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 49.7% in the past one-month time frame.

The company has seen three negative estimate revisions 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.

Montage Resources currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the Oil and Gas - Exploration and Production - United States industry is SilverBow Resources, Inc. (SBOW - 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.

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SilverBow Resources Inc. (SBOW) - free report >>