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Medallion Financial (TAXI) in Focus: Stock Surges 11%
September 23, 2015

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Medallion Financial Corp. was a big mover last session, as the company saw its shares rise 11% on the day. This led to solid volume with far more shares changing hands than in a normal session. The stock had been seeing a downtrend before it shot up on Sep 18. Overall, the stock has returned 7.7% in the last one month.

The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Medallion Financial currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the same space is American Capital, Ltd. , sporting a Zacks Rank #1 (Strong Buy).

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