ConnectOne Bancorp, Inc. (CNOB - Free Report) was a big mover last session, as the company saw its shares rise nearly 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 since Nov 7, as the stock is now up over 29%.
The company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past one month, while the Zacks Consensus Estimate moved higher over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
ConnectOne Bancorp currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
A better-ranked stock in the same industry is Community Bank System Inc. (CBU - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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