Belmond Ltd. (BEL) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move led to solid volume with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now trading above the volatile price range of $12.07 to $12.64 in the last one month time frame.
The company has seen no estimate revisions over the past 7 days and the Zacks Consensus Estimate is unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Belmond currently has a Zacks Rank #3 (Hold) and a negative Earnings ESP.
A better-ranked lodging stock is Intrawest Resorts Holdings, Inc. (SNOW), sporting a Zacks Rank #1(Strong Buy).
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