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Strength Seen in American Capital (ACAS): Stock Soars 11.2% - Tale of the Tape

American Capital, Ltd. (NASDAQ: ACAS) was a big mover last session, as the company saw its shares rise over 11% 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 $14.21 to $15.70 in the past one-month time frame.

The company has seen one negative estimate revision in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting 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.

American Capital currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

Some better-ranked financial investment stocks include Safeguard Scientifics, Inc. (NYSE: SFE), Apollo Investment Corporation (NASDAQ: AINV) and PennantPark Investment Corporation (NASDAQ: PNNT). While Safeguard Scientifics sports a Zacks Rank #1 (Strong Buy), Investment Corporation and PennantPark Investment have a Zacks Rank #2 (Buy).

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AMER CAP LTD (NASDAQ: ACAS): Free Stock Analysis Report
 
APOLLO INV CP (NASDAQ: AINV): Free Stock Analysis Report
 
PENNANTPARK INV (NASDAQ: PNNT): Free Stock Analysis Report
 
SAFEGUARD SCTFC (NYSE: SFE): Free Stock Analysis Report
 
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The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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