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INFRAREIT (HIFR) Shows Strength: Stock Moves 5.1% Higher

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INFRAREIT, INC. was a big mover last session, as the company saw its shares rise a little above 5% 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 almost 6% 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.

INFRAREIT currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

InfraREIT, Inc. Price

 

A better-ranked stock in the REIT and Equity Trust industry is CorEnergy Infrastructure Trust, Inc. holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is HIFR going up? Or down? Predict to see what others think: Up or Down

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