Peak Resorts, Inc. SKIS was a big mover last session, as the company saw its shares rise nearly 7% 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 21.5% in the last one month.
The company has seen 4 positive and 1 negative revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Peak Resorts. So make sure to keep an eye on this stock going forward, to see if Thursday’s jump can turn into more strength down the road.
Peak Resorts currently carries a Zacks Rank #3 (Hold).
A better-ranked hotel stock is China Lodging Group, Limited HTHT, sporting a Zacks Rank #1 (Strong Buy).
Is SKIS going up? Or down? Predict to see what others think: Up or Down
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