Back to top

Jones Energy (JONE) in Focus: Stock Moves 7.4% Higher
September 15, 2017

Read MoreHide Full Article

Jones Energy, Inc.(JONE - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $0.88 to $1.20 in the past one-month time frame.

The company has seen three positive estimate revisions in the past few weeks compared with two negative revisions, while its Zacks Consensus Estimate for the current quarter has also increased over the past few months, suggesting that more solid trading could be ahead for Jones Energy. 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.

Jones Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Oils-Energy sector is Lonestar Resources US Inc. (LONE - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Jones Energy, Inc. (JONE) - free report >>

Lonestar Resources US Inc. (LONE) - free report >>


More from Zacks Tale of the Tape

You May Like