Dynegy Inc. (DYN) was a big mover last session, as the company saw its shares rise nearly 9% 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 for the company as the stock is now up over 21% since Aug 7.
The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Friday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Dynegy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the electric utilities industry include Avista Corp. (AVA), ALLETE, Inc. (ALE) and Duke Energy Corporation (DUK). All of these have a Zacks Rank #2 (Buy).
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