Liberty Tax, Inc. TAX was a big mover last session, as the company saw its shares rise roughly 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.17 to $12.75 over the past one-month time frame.
None of the estimates for this business services industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained 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.
Liberty Tax has a Zacks Rank #4 (Sell).
However, a better-ranked stock in the same space is Core-Mark Holding Company, Inc. CORE, sporting a Zacks Rank #1 (Strong Buy).
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