Central European Media Enterprises (CETV) in Focus: Stock Jumps 6.6% – Tale of the Tape

Zacks

Central European Media Enterprises Ltd. (CETV) was a big mover last session, as the company saw its shares rise around 7% on the day. The move came on solid volume 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 18.89% since Dec 12, 2014.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Wednesday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Central European Media Enterprises currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the industry is Nexstar Broadcasting Group, Inc. (NXST), carrying a Zacks Rank #1 (Strong Buy).

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