Rowan Companies plc (RDC - Free Report) was a big mover last session, as the company saw its shares rise more than 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 26.7% in the past one-month time frame.
The company has not seen any estimate revisions over the past month, while the Zacks Consensus Estimate for the current quarter has moved higher. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Rowan Companies currently has a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
A better-ranked stock in the Oils-Energy sector is Alliance Holdings GP, L.P. (AHGP - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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