A. H. Belo Corporation (AHC) saw a big move last session, as the company’s shares fell around 0.1% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for AHC as the stock is now up over 3% in the past one-month time frame.
The operator of newspaper publishing, and local news and information company has seen a mixed track record, as current year estimates witnessed no revision over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
AHC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.
Some better-ranked stocks in the same sector include The E. W. Scripps Company (SSP), BRF S.A. (BRFS) and Coty Inc. (COTY). All these carry a Zacks Rank #1 (Strong Buy).
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AH BELO CORP (AHC): Free Stock Analysis Report
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