Cinemark Holdings, Inc. CNK was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $6.58 – $12.68 in the past one-month time frame, witnessed a sharp increase on Apr 9.
The company has seen six negative estimate revisions in the past month, while its Zacks Consensus Estimate for the current quarter has also moved lower in the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Cinemark currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Cinemark Holdings, Inc. Price
Cinemark Holdings, Inc. price | Cinemark Holdings, Inc. Quote
A better-ranked stock in the Leisure and Recreation Services industry is Camping World Holdings, Inc. CWH, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.5% per year.
These 7 were selected because of their superior potential for immediate breakout.
See these time-sensitive tickers now >>
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
Camping World Holdings Inc. (CWH) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research