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Pengrowth Energy (PGH) Worth Watching: Stock Jumps 6.8%
October 12, 2016

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Pengrowth Energy Corporation (PGH - Free Report) was a big mover last session, as the company saw its shares rise around 7% 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 20.8% since Sep 26.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Pengrowth Energy currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is Bellatrix Exploration Ltd. (BXE - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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