Conns Inc. (CONN) Soars: Stock Adds 19.4% in Session – Tale of the Tape

December 6, 2013 Technicals 0

Zacks

Conns Inc. (CONN) was a big mover last session, as the company saw its shares rise by over 19% 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 $56.60 to $63.17 in the past one-month time frame.

This operator of retail electronic stores did not see any estimate revision over the past 30 days, and the Zacks Consensus Estimate has remained static over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on the firm in the near future.

Conns currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked stocks in the retail-consumer/electronic industry include Best Buy Co., Inc. (BBY), GameStop Corp. (GME) and GOME Electrical Appliances Holding Limited (GMELY). All these stocks hold a Zacks Rank #2 (Buy).

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