AirMedia Group Inc. (AMCN) was a big mover last session, as the company saw its shares rise by over 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 6.97% in the past one-month time frame.
The company has seen one negative revisions in the past one month, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward to see if this recent move higher can last.
AirMedia Group a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked marketing services stocks include Clear Channel Outdoor Holdings Inc. (CCO), MDC Partners Inc. (MDCA) and Omnicom Group Inc. (OMC). While Clear Channel Outdoor Holdings holds a Zacks Rank #1 (Strong Buy), MDC Partners and Omnicom Group carry a Zacks Rank #2 (Buy).
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