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Zacks Equity Research

Etablissements Delhaize Fr (DEG) Jumps: Stock Rises 8.5%
January 24, 2014


Trades from $3
Etablissements Delhaize Fr () 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 continues the recent uptrend for the company as the stock is now up about 19% in the past one-month time frame.

The company has seen one negative revision in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can last.

Etablissements Delhaize currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some other stocks in the retail wholesale sector that are worth a look include Advance Auto Parts Inc. ((AAP - Free Report) ), Asbury Automotive Group, Inc. ((ABG - Free Report) ) and Autobytel Inc. ((ABTL - Free Report) ). All these sport a Zacks Rank #1 (Strong Buy).

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