AirMedia Group Inc. (AMCN) in Focus: Stock Jumps 8.9% – Tale of the Tape

Zacks

AirMedia Group Inc. (AMCN) was a big mover last session, as the company saw its shares rise by 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 21.17% since Nov 13, 2014.

None of the estimates for this marketing services stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

AirMedia Group currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the broad consumer discretionary sector include Nike, Inc. (NKE), Manchester United plc (MANU) and Marriott Vacations Worldwide Corp. (VAC). All these stocks carry a Zacks Rank #1 (Strong Buy).

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