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Delta (DAL) Looks Good: Stock Adds 5% in Session

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Delta Air Lines, Inc. DAL was a big mover last session, as the company saw its shares rise more than 5% 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 $46.13 –$59.47 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Delta currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Delta Air Lines, Inc. Price

Investors interested in the Transportation - Airline industry may consider Ryanair Holdings PLC RYAAY, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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