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ICG Group (ICGE) Worth a Look: Stock Up 9.1%

Zacks Equity Research

ICG Group, Inc. (ICGE) was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on the back of solid volume too, as far more shares changed hands than in a normal session. This continues the recent uptrend for this financial company as the stock is now up nearly 19% in the past one month time frame.

The company has seen 1 negative estimate revision in the past few weeks and its earnings consensus has moved lower over the past two months, suggesting there may be trouble down the road for ICGE. So make sure to keep an eye on this stock going forward to see if this recent rally can last.

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

Some better performing financial stocks include Hercules Technology Growth Capital, Inc. (HTGC), Golub Capital BDC, Inc. (GBDC) and NGP Capital Resources Company (NGPC). All these carry a Zacks Rank #2 (Buy).

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