Back to top

Image: Bigstock

Tsakos Energy (TNP) Surges: Stock Moves 6.1% Higher

Read MoreHide Full Article

Tsakos Energy Navigation Limited (TNP - Free Report) was a big mover last session, as the company saw its shares rise more than 6% 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 $2.8400 to $3.7600 in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while 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.

Tsakos Energy currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.  

Tsakos Energy Navigation Ltd Price

Investors interested in the Transportation - Shipping industry may consider Frontline Ltd. (FRO - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Today's Best Stocks from Zacks
 
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.
 
This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Frontline PLC (FRO) - free report >>

Tsakos Energy Navigation Ltd (TNP) - free report >>

Published in