China Nepstar Chain Drugstore (NPD) Jumps: Stock Rises 5.3%
China Nepstar Chain Drugstore Ltd. (NPD) was a big mover last session, as the company saw its shares rise by over 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 $1.87 to $2.08 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s price jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
China Nepstar Chain Drugstore currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Better-ranked stocks in the retail wholesale sector include Autobytel Inc. (ABTL), Builders FirstSource, Inc. (BLDR) and Bon-Ton Stores Inc. (BONT). All these have a Zacks Rank #1 (Strong Buy).
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