Ensco plc (ESV - Free Report) was a big mover last session, as the company saw its shares rise more than 8% 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 $5.85 to $6.82 in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past month, while the Zacks Consensus Estimate has moved lower in the said period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ensco currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the Oil and Gas – Drilling industry is Pioneer Energy Services Corp. (PES - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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