Vantage Drilling Company (VTG) was a big mover last session, as the company saw its shares rise around 11% 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 for the company as the stock is now down 42.4% in the past one-month time frame.
The company has seen two negative revisions in the past one month, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Vantage Drilling Company currently carries a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.
A better-ranked stock in the same industry is Atwood Oceanics, Inc. (ATW), sporting a Zacks Rank #1 (Strong Buy).
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