REEDS, Inc. (REED) was a big mover last session, as the company saw its shares rise over 6% on the day. The upside came after the company reported decent results for full-year 2014. This led to more shares changing hands than in a normal session. This continues yesterday’s uptrend for the company — as the stock is now up nearly 30% in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
REEDS currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same space is Monster Beverage Corporation (MNST) sporting a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment