Lifetime Brands (LCUT) Surges: Stock Moves 8.2% Higher
Lifetime Brands, Inc. LCUT was a big mover last session, as the company saw its shares rise more than 8% 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 $4.14 –$7.03 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Lifetime Brands. 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.
Lifetime Brands currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Lifetime Brands, Inc. Price
Lifetime Brands, Inc. price | Lifetime Brands, Inc. Quote
Investors interested in the Consumer Products – Discretionary industry may consider a better-ranked stock like Reynolds Consumer Products Inc. REYN, which 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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