Centrais El (EBR) Soars: Stock Adds 10.3% in Session – Tale of the Tape

Zacks

Centrais El (EBR) was a big mover last session, as the company saw its shares rise by over 10% 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 40% since Mar 10.

This electric utilities company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Centrais El currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Otter Tail Corporation (OTTR), Public Service Enterprise Group Inc. (PEG) and American Electric Power Co., Inc. (AEP). While Otter Tail and Public Service Enterprise Group hold a Zacks Rank #1 (Strong Buy), American Electric Power carries a Zacks Rank #2 (Buy).

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