Restoration Hardware Holdings, Inc. RH was a big mover last session, as the company saw its shares rise 5% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is roughly down about 34.8% in the past one-month time frame.
In the last 30 days, the company witnessed 8 downward estimate revisions and the Zacks Consensus Estimate lowered 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 high can last.
Restoration Hardware Holdings currently has a Zacks Rank #3 (Hold)
A well-ranked player in the same industry includes Ethan Allen Interiors Inc. ETH carrying a Zacks Rank #Array (Strong Buy).
Is RH going up? Or down? Predict to see what others think: Up or Down
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