China Eastern Airlines (CEA) Jumps: Stock Gains 6.3%
China Eastern Airlines Corp. Ltd. (CEA) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up more than 32% since Oct 24.
The company has seen 1 positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead for China Eastern Airlines. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
China Eastern Airlines currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Some well-performing stocks in the aviation sector are Hawaiian Holdings Inc. (HA), Republic Airways Holdings Inc. (RJET) and SkyWest Inc. (SKYW). All these stocks sport a Zacks Rank #1 (Strong Buy).
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CHINA EASTN AIRLS LTD (CEA): Free Stock Analysis Report
HAWAIIAN HOLDINGS INC (HA): Free Stock Analysis Report
REPUBLIC AIRWAYS HLDGS INC (RJET): Free Stock Analysis Report
SKYWEST INC (SKYW): Free Stock Analysis Report
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