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. , 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.
Is RDC going up? Or down? Predict to see what others think: Up or Down
Can Hackers Put Money INTO Your Portfolio?
Earlier this month, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Download the new report now>>