Vistra Energy Corp. (VST - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $19.68–$21.13 in the past one-month time frame, witnessed a sharp increase yesterday.
The shares rose after the company announced that it has completed the previously announced merger with Dynegy Inc. .
The company has seen two estimate revision in the past two months. Its Zacks Consensus Estimate for the current quarter has also revised upward over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Vistra Energy currently has a Zacks Rank #2 (Buy) while its Earnings ESPis 0.00%.
Vistra Energy Corp. Price and Consensus
Another stock worth considering in the Utility - Electric Power industry is CenterPoint Energy, Inc (CNP - Free Report) which 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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