Movado Group (MOV) Soars: Stock Adds 10.2% in Session – Tale of the Tape

March 27, 2014 Technicals 0

Zacks

Movado Group, Inc. (MOV) was a big mover last session, as the company saw its shares rise by over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 17% in the past one-month time frame.

This jewellery manufacturer has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Movado Group has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the consumer goods sector include Zale Corporation (ZLC), Central Garden & Pet Company (CENT), and The Dixie Group, Inc. (DXYN). All these stocks hold a Zacks Rank #1 (Strong Buy).

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