Discovery Communications, Inc. (DISCA - Free Report) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $25.20 to $26.64 in the past one-month time frame.
The company has seen one negative estimate revision in the past 30 days, while its Zacks Consensus Estimate moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
Discovery Communications has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same industry is The Liberty Media Group , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is DISCA going up? Or down? Predict to see what others think: Up or Down
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