Euronav (EURN) Catches Eye: Stock Jumps 6%
Euronav NV EURN was a big mover last session, as the company saw its shares rise 6% 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 $7.87–$8.54 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen one negative estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over 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.
Euronav currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Euronav NV Price
Euronav NV price | Euronav NV Quote
A better-ranked stock in the Transportation - Shipping industry is Danaos Corporation DAC, holding a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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
Danaos Corporation (DAC) : Free Stock Analysis Report
Euronav NV (EURN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
