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Ameren Corporation (AEE) Surges: Stock Moves 5.4% Higher

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Ameren Corporation (AEE - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on Friday. 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 $52.59 to $56.92 in the past one-month time frame.

The company has not seen any estimate revisions over the past month and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ameren currently has a Zacks Rank #4 (Sell), while its Earnings ESP is positive.

A better-ranked stock in the Utility - Electric Power industry is Pampa Energía S.A. (PAM - Free Report) , which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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