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Strength Seen in SkyWest (SKYW): Stock Adds 9% in Session
SkyWest, Inc. (SKYW - Free Report) was a big mover last session, as the company saw its shares rise almost 9% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the downtrend for the company, as the stock is now down nearly 6% in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days, while the Zacks Consensus Estimate moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if Thursday’s move higher can last.
Currently, SkyWest carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
SkyWest, Inc. Price
SkyWest, Inc. Price | SkyWest, Inc. Quote
A better-ranked stock in the same industry is Deutsche Lufthansa Aktiengesellschaft (DLAKY - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is SKYW going up? Or down? Predict to see what others think: Up or Down
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