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Central European Media (CETV) Surges: Stock Moves 11.5% Higher
December 13, 2013

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Central European Media Enterprises Ltd. was a big mover last session, as the company saw its shares rise nearly 12% 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 about 32% in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate has not been in a trend either. Yesterday’s price jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

Central European Media Enterprises currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the TV/radio broadcasting industry include Belo Corp. (), Gray Television Inc. ((GTN - Free Report) ) and Salem Communications Corp. ((SALM - Free Report) ). While Belo has a Zacks Rank #1 (Strong Buy), Gray Television and Salem Communications carry a Zacks Rank #2 (Buy).

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