Covanta Holding Corporation 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 breaks the recent trend of the company, as the stock is now trading above the volatile price range of $14.75 to $16.45 in the past one-month time frame.

The company has seen three negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, 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.

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

Covanta Holding Corporation Price

Covanta Holding Corporation Price | Covanta Holding Corporation Quote

Another stock worth considering in the Oils-Energy sectoris Delek US Holdings, Inc. (DK Quick QuoteDK - Free Report) which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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