Athlon Energy Inc. (ATHL) was a big mover last session, with shares surging over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock, trading at a volatile price range of $27.78 to $33.82 in the past one-month time frame, showed a pick-up yesterday.
This oil and gas company saw one positive revision in the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame. This suggests that Athlon holds potential for more solid trading going forward. So make sure to keep an eye on this stock to see if yesterday’s jump can convert into greater strength down the road.
Athlon Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-performing oil and gas stocks include Abraxas Petroleum Corp. (AXAS), SM Energy Company (SM) and VOC Energy Trust (VOC). All these stocks sport a Zacks Rank #1 (Strong Buy).
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