ECA Marcellus Trust I (ECT) was a big mover last session, as the company saw its shares rise over 5% 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 51.28% in the past one-month time frame.
The company has seen one positive revision in the past 60 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. 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.
ECA Marcellus Trust I currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the broader oils/energy sector is Golar LNG Partners LP (GMLP), sporting a Zacks Rank #1 (Strong Buy).
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 >>
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
ECA MARCELLUS (ECT): Get Free Report
GOLAR LNG PARTN (GMLP): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research