China Mobile (CHL) in Focus: Stock Jumps 5.2% – Tale of the Tape

Zacks

China Mobile Limited (CHL) was a big mover last session, as the company saw its shares rise over 5% 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 17.71% since Jan 6, 2015.

None of the estimates for this stock were revised over the past seven days. However, the 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.

China Mobile currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is America Movil S.A.B. de C.V. (AMX), carrying a Zacks Rank #2 (Buy).

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