PPL Corporation (PPL) in Focus: Stock Moves 5.4% Higher - Tale of the Tape
PPL Corporation (PPL) 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 breaks the recent trend of the company, as the stock is now trading above the volatile price range of $31.40 to $33.50 since Mar 2.
The stock has witnessed one upward estimate revision in the past 30 days. The Zacks Consensus Estimate, however, has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
PPL Corporation carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the electric utilities industry is Abengoa Yield plc (ABY), sporting a Zacks Rank #1 (Strong Buy).
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PPL CORP (PPL): Free Stock Analysis Report
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