Kosmos Energy Ltd. ( KOS) was a big mover last session, as the company saw its shares rise by over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.16 to $10.76 in the past one-month time frame.
This independent oil & gas company has seen one positive revision and two negative revisions over the last 30 days and its Zacks Consensus Estimate 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 yesterday’s move higher can last.
Kosmos Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked basic materials stocks include Asahi Kasei Corporation ( AHKSY), The Andersons, Inc. ( ANDE) and CHINA BLUECHIP ADR ( CBLUY). All these stocks hold a Zacks Rank #1 (Strong Buy).
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KOSMOS ENERGY LTD (KOS): Free Stock Analysis Report
ASAHI KAISAI CP ADR (AHKSY): Free Stock Analysis Report
THE ANDERSONS INC (ANDE): Free Stock Analysis Report
CHINA BLUECHIP ADR (CBLUY): Free Stock Analysis Report
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