Century Communities (CCS) Catches Eye: Stock Rises 5.9%

Zacks

Century Communities, Inc. CCS was a big mover last session, as the company saw its shares rise to nearly 6%. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $19.41 to $20.71 in the past one-month time frame.

In the past month, the company has not seen any estimate revision while its Zacks Consensus Estimate moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.

Century Communities currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

A better-ranked stock in the residential constructions industry is MDC Holdings Inc. MDC, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CCS going up? Or down? Predict to see what others think: Up or Down

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