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China Unicom (CHU) in Focus: Stock Moves 6.3% Higher
China Unicom (Hong Kong) Limited (CHU - Free Report) was a big mover last session, as its shares rose a little over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company since Aug 4, as the stock is now up 16.7%.
None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
China Unicom currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
CHINA UNICOM Price
CHINA UNICOM Price | CHINA UNICOM Quote
A better-ranked stock in the wireless non-U.S. space is KT Corp. (KT - Free Report) , which enjoys a Zacks Rank #2 (Buy).
Is CHU going up? Or down? Predict to see what others think: Up or Down
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