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Cambridge Bancorp (CATC) Surges: Stock Moves 5.1% Higher

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Zacks Equity Research
·2 min read
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Cambridge Bancorp CATC 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 $69.75 to $73 in the past one-month time frame.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Cambridge Bancorp. 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. 

Cambridge Bancorp currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

Cambridge Bancorp Price

Cambridge Bancorp Price
Cambridge Bancorp Price

Cambridge Bancorp price | Cambridge Bancorp Quote

A better-ranked stock in the Banks – Northeast industry is Atlantic Union Bankshares Corporation AUB, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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