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Carmike Cinemas (CKEC) Soars: Stock Adds 10.1% in Session

Zacks Equity Research

Carmike Cinemas Inc. (CKEC) was a big mover last session, as the company saw its shares rise by over 10% 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 almost 12% in the past one-month time frame.

This leisure & recreational services company has seen two positive estimate revisions and one negative estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Carmike Cinemas. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Carmike Cinemas currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Cedar Fair, L.P. (FUN), Royal Caribbean Cruises Ltd. (RCL) and Regal Entertainment Group (RGC). While Cedar Fair holds a Zacks Rank #1 (Strong Buy), Royal Caribbean Cruises and Regal Entertainment Group carry a Zacks Rank #2 (Buy).

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