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Endeavour (END) Falls: Stock Goes Down 5.2%

Zacks Equity Research

Endeavour International Corporation (END) saw a big move last session, as the company’s shares fell over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for END, as the stock is now down nearly 51% in the past one-month time frame.

This independent oil and gas company has seen a mixed track record when it comes to current year estimate revisions over the past few weeks with flat revision, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

END currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 13.16%.

Some better-ranked stocks in the same sector include Athlon Energy Inc. (ATHL), Encana Corporation (ECA) and RSP Permian, Inc. (RSPP). All these carry a Zacks Rank #1 (Strong Buy).

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