Cablevision Systems in Focus: Stock Moves 5.1% Higher – Tale of the Tape

Zacks

Cablevision Systems Corporation (CVC) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained over 8% since Nov 25.

This cable television company has seen three positive revisions over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Cablevision Systems. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Cablevision Systems currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked stocks in the services industry include Auxilio Inc. (AUXO), Comcast Corporation (CMCSA) and TiVo Inc. (TIVO). While Auxilio holds a Zacks Rank #1 (Strong Buy), Comcast and TiVo carry a Zacks Rank #2 (Buy).

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