W.R. Berkley Corporation (WRB) was a big mover last session, as the company saw its shares rise over 5% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This continues the most recent uptrend of the company, as the stock is now up about 10.3% in the past one-month time frame.
Although in the last 30 days, the company witnessed 1 upward and 1 downward estimate revision each, the Zacks Consensus Estimate lowered 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 high can last.
W.R. Berkley currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
An attractive player in the same industry includes Argo Group International Holdings, Ltd. (AGII) with a Zacks Rank #1 (Strong Buy).
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