Republic Airways (RJET) Catches Eye: Stock Jumps 10.1% – Tale of the Tape

ZacksRepublic Airways Holdings Inc. (RJET) was a big mover last session, as the company saw its shares rise by a little over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $10.00 to $10.55 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also 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.

Republic Airways Holdings Inc. has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better performing airline stocks include Hawaiian Holdings Inc. (HA), Southwest Airlines Co. (LUV) and United Continental Holdings, Inc. (UAL). All these stocks carry a Zacks Rank #1 (Strong Buy).

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