Town Sports International Holdings, Inc. (CLUB - Free Report) was a big mover last session, as its shares rose 10% on the day. The move came after the company announced acquisition of the former David Barton Gym. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up above 26% in the past one-month time frame.
The company has seen one negative estimate revision in the past 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading could be ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Town Sports International currently carries a Zacks Rank #3 (Hold).
A better-ranked stock in the Leisure and Recreation Services space is TUI AG ADR (TUIFY - 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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