Athlon Energy Inc. (ATHL) was a big mover last session, as the company saw its shares rise nearly 25% 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 $44.01 to $47.04 in the past one-month time frame.
Though the company has seen no positive revision in the past 30 days, its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Athlon Energy. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Athlon Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
However, better-ranked stocks in the oil-US export and production industry include Northern Oil and Gas, Inc. (NOG), WPX Energy, Inc. (WPX) and Endeavour International Corporation (END). While Northern Oil and Gas and WPX Energy sport a Zacks Rank #1 (Strong Buy), Endeavour International has a Zacks Rank #2 (Buy).
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