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Fang Holdings (SFUN) Soars: Stock Adds 14.1% in Session

Zacks Equity Research

Fang Holdings Limited SFUN was a big mover last session, as the company saw its shares rise more than 14% 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 25.4% in the past one-month time frame.

The company has seen no positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has moved higher over the past few months, suggesting that more solid trading could be ahead for Fang Holdings. 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.

Fang Holdings currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

SouFun Holdings Limited Price

SouFun Holdings Limited Price | SouFun Holdings Limited Quote

Another stock worth considering in the Business - Services industry is WageWorks, Inc. WAGE which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is SFUN going up? Or down? Predict to see what others think:Up or Down

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