Yintech Investment Holdings Limited (YIN - Free Report) was a big mover last session, as its shares rose over 10% 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 over 33% in the past one-month time frame.
The company has seen one positive estimate revision in the past 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Yintech currently sports a Zacks Rank #1 (Strong Buy).
Another favorably placed stock in the Financial - Investment Bank space is Evercore Partners, Inc. (EVR - Free Report) , flaunting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is YIN going up? Or down? Predict to see what others think: Up or Down
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