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Five Below, Inc. (FIVE) Shows Strength: Stock Up 10.8%
Five Below, Inc. (FIVE - Free Report) was a big mover last session, as the company saw its shares rise almost 11% on the day. The upside was driven by the company’s improved fourth quarter and fiscal 2016 financial results. Also, this led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $37.58 to $39.87 in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Five Below currently carries a Zacks Rank #3 (Hold).
Five Below, Inc. Price
Five Below, Inc. Price | Five Below, Inc. Quote
A better-ranked stock in the Retail – Miscellaneous industry is MarineMax, Inc. (HZO - Free Report) , which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is FIVE going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere
1 billion iPhones in 10 years but a new breakthrough is expected to generate more
than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging
phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may
kick yourself in 2020. Click here for the 6 trades >>