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Rite Aid (RAD) in Focus: Stock Moves 6.1% Higher

Zacks Equity Research

Rite Aid Corporation RAD was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 15% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Rite Aid currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Rite Aid Corporation Price

Rite Aid Corporation Price | Rite Aid Corporation Quote

Investors interested in the Retail-Wholesale sector may consider Darden Restaurants, Inc. DRI, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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