E-House (China) Holdings (EJ) in Focus: Stock Moves 6.8% Higher – Tale of the Tape

December 13, 2013 Technicals 0

Zacks

E-House (China) Holdings Ltd (EJ) was a big mover last session, as the company saw its shares rise by almost 7% 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 roughly 37% since Nov 19.

This property management company has seen two 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 E-House (China) Holdings. 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.

E-House (China) Holdings currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Other stocks in the real estate industry looking equally good are FirstService Corporation (FSRV), Kennedy-Wilson Holdings, Inc. (KW) and The St. Joe Company (JOE). All these stocks carry the same Zacks rank as E-House (China) Holdings.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply