Chiquita Brands International Inc. (CQB) was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.74 to $13.36 since Oct 17.
The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Chiquita Brands International currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the food-miscellaneous/diversified industry include Post Holdings, Inc. (POST), The Hain Celestial Group, Inc. (HAIN) and McCormick & Company, Incorporated (MKC). While Post Holdings sports a Zacks Rank #1 (Strong Buy), The Hain Celestial Group and McCormick & Company have a Zacks Rank #2 (Buy).
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