Celadon Group Inc. CGI was a big mover last session, as the company saw its shares rise nearly 6% 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 37.6% in the past one-month time frame.
The company has seen two negative revisions in the past one month, while its 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.
Celadon Group currently carries a Zacks Rank #5 (Strong Sell).
CELADON GROUP Price
A better-ranked stock in the same industry is Landstar System Inc. LSTR, carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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