Fang Holdings Limited SFUN was a big mover last session, as the company saw its shares rise over 16% on the day. 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 $3.2 to $3.7 in the past one-month time frame.)
Although the company has seen one negative estimate revision in the past one month, its Zacks Consensus Estimate for the current quarter has moved higher over the same time frame, suggesting that more solid trading could be ahead for Fang Holdings. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Fang Holdings currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
SouFun Holdings Limited Price and Consensus
A better-ranked stock in the Business – Services industry is WageWorks, Inc.WAGE, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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