Halc (HK) Jumps: Stock Rises 9.7% - Tale of the Tape

Halc HK was a big mover last session, as the company saw its shares rise by roughly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 33% in the past one-month time frame.

This independent oil & gas drilling & exploration company has seen three positive and two negative estimate revisions over the past 30 days while its Zacks Consensus Estimate has moved down 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 move higher can last.

Halc currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include Range Resources Corporation RRC, World Point Terminals, LP WPT and Abraxas Petroleum Corp. AXAS. While Range Resources and World Point Terminals, LP hold a Zacks Rank #1 (Strong Buy), Abraxas Petroleum carries a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

 
ABRAXAS PETE/NV AXAS: Free Stock Analysis Report
 
HALCON RESOURCS HK: Free Stock Analysis Report
 
RANGE RESOURCES RRC: Free Stock Analysis Report
 
WORLD POINT TER WPT: Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!