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Bonanza Creek Energy (BCEI) Rises: Stock Moves Up 10.2%

Zacks Equity Research

Bonanza Creek Energy Inc. BCEI was a big mover last session, as the company saw its shares rise over 10% on the day. The move came on solid volume 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 $0.94 to $1.47 in the past one-month time frame.

None of the estimates for this stock were revised in the last 30 days, while the Zacks Consensus Estimate moved lower suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher can last.

Bonanza Creek Energy carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

BONANZA CREEK Price

 

BONANZA CREEK Price | BONANZA CREEK Quote

A better-ranked stock in the same industry is Newfield Exploration Company NFX, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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