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Eros International (EROS) Soars: Stock Adds 9.9% in Session

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Eros International PLC was a big mover last session, as the company saw its shares rise nearly 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 trend for the company—as the stock is now up 130% in the past one-month time frame.

The company has seen no positive and one negative estimate revision in the past two months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Eros International currently has a Zacks Rank #3 (Hold) while its Earnings ESP  is 0.00%.

Eros International PLC Price and Consensus

A better-ranked stock in the Film and Television Production and Distribution industry is World Wrestling Entertainment, Inc., which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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