Lumos Networks Corp. (LMOS) was a big mover last session, as the company saw its shares rise nearly 6% 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 toward the higher end of the volatile price range of $15.88 to $17.26 in the past one-month time frame.
The company has seen no estimate revisions in the past 7 days, and the Zacks Consensus Estimate is 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.
Lumos Networks currently has a Zacks Rank #3 (Hold) with a negative Earnings ESP.
A better-ranked stock in the national wireline industry is Atlantic Tele-Network, Inc. (ATNI), sporting a Zacks Rank #1 (Strong Buy).
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