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Strength Seen in Miller Energy Resources, Inc. (MILL): Stock Up 11.2%

Zacks Equity Research

Miller Energy Resources, Inc. (MILL) was a big mover last session, as the company saw its shares rise over 11% 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 more than 17% since March 7, 2014.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Miller Energy Resources currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the paper products industry include Range Resources Corporation (RRC), Approach Resources, Inc. (AREX) and Athlon Energy Inc. (ATHL).  While Range Resources sports a Zacks Rank #1 (Strong Buy), Approach Resources and Athlon Energy have a Zacks Rank #2 (Buy).

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RANGE RESOURCES CORP (RRC): Free Stock Analysis Report

APPROACH RESOURCES INC (AREX): Free Stock Analysis Report

ATHLON ENERGY INC (ATHL): Free Stock Analysis Report

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