U.S. Markets open in 3 hrs 36 mins

Ameris Bancorp (ABCB) in Focus: Stocks Moves 6.4% Higher

Zacks Equity Research

Ameris Bancorp (ABCB) 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 continues the recent uptrend for the company as the stock is now up 14.86% over the past one month time frame.

This Southeast bank witnessed one downward estimate revision over the past 30 days. The Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.

Ameris Bancorp holds a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

However some better-ranked stocks in the sector include Access National Corporation (ANCX), Bank of Kentucky Financial Corp. (BKYF) and SY Bancorp Inc. (SYBT). All these stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

AMERIS BANCORP (ABCB): Free Stock Analysis Report

ACCESS NATIONAL CP (ANCX): Free Stock Analysis Report


SY BANCORP INC (SYBT): Free Stock Analysis Report

Zacks Investment Research