Golden Ocean Group Limited (GOGL - Free Report) was a big mover last session, as the company saw its shares rise 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 for the company—as the stock is now up 18.6% in the past one-month time frame.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Golden Ocean Group. 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.
Golden Ocean Groupcurrently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Golden Ocean Group Limited Price
A better-ranked Medical-Drugs stock is Eagle Bulk Shipping Inc. (EGLE), which sports a Zacks Rank #2 (Buy). You can seethe complete list of today’s Zacks #1 Rank stocks here.
Is GOGL going up? Or down? Predict to see what others think: Up or Down
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