EV Energy Partners, L.P. was a big mover last session, as the partnership saw its units rise above 6% 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 partnership, as the stock is now trading above the volatile price range of $1.63 to $2.14 in the past one-month time frame.
In the last 30 days, the partnership has seen no estimate revision but the Zacks Consensus Estimate has moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
EV Energy Partners currently carriers a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
Another well-ranked Oil & Gas-Exploration & Production- United States stock is Diamondback Energy, Inc. (FANG - Free Report) , which sports the same Zacks Rank as Cogentix Medical. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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