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Helix Energy (HLX) Catches Eye: Stock Jumps 5.7%

Helix Energy Solutions Group, Inc. HLX was a big mover last session, as the company saw its shares rise nearly 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 $1.00 –$2.14 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.

Helix Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Helix Energy Solutions Group, Inc. Price

Helix Energy Solutions Group, Inc. Price
Helix Energy Solutions Group, Inc. Price

Helix Energy Solutions Group, Inc. price | Helix Energy Solutions Group, Inc. Quote

A better-ranked stock in the Oils-Energy sector is Comstock Resources, Inc. CRK, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Comstock Resources, Inc. (CRK) : Free Stock Analysis Report
 
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