Town Sports International Holdings Inc. (CLUB) saw a big move last session, as the company’s shares fell by nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for CLUB, as the stock is down over 22% in the last one month.
The company, an owner and operator of fitness clubs, has not seen any estimate revision over the past month, though the current year earnings consensus has moved lower over the last 30 days. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.
CLUB currently has a Zacks Rank #4 (Sell).
Some better-ranked stocks in the Leisure and Recreational Services industry include ClubCorp Holdings, Inc. (MYCC), Royal Caribbean Cruises Ltd. (RCL) and SeaWorld Entertainment, Inc. (SEAS), each carrying a Zacks Rank #2 (Buy).
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