Carrizo Oil & Gas Inc. CRZO was a big mover last session, as the company saw its shares rise nearly 7% 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 22.8% since Dec 23, 2015.
The company has seen two positive revisions in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Carrizo Oil & Gas currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
A better-ranked stock in the same industry is Antero Resources Corporation AR, carrying a Zacks Rank #2 (Buy).
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