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South State Corp (SSB) in Focus: Stock Moves 7.7% Higher
South State Corporation (SSB - Free Report) was a big mover last session, as the company saw its shares rise almost 8% on the day. The upside was driven by the company’s announcement of better-than-expected earnings for the second quarter of 2016, before the market opened on Jul 22. This continues the recent uptrend for the company since Jul 5, as the stock is now up more than 14%.
In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
South State Corp. currently carries a Zacks Rank #3 (Hold).
SOUTH STATE CP Price
SOUTH STATE CP Price | SOUTH STATE CP Quote
A better-ranked Banks-Southeast stock is Access National Corporation , which sports a Zacks Rank #1 (Strong Buy).
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