Halc (HK) Jumps: Stock Rises 9.3% - Tale of the Tape

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Halc HK was a big mover last session, as the company saw its shares rise by over 9% 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 roughly 26% in the past one-month time frame.

This oil & gas drilling & exploration company has seen six positive estimate revisions and one negative estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Halc. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

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

Some better-ranked stocks in the same industry include Athlon Energy Inc. ATHL, Clayton Williams Energy, Inc. CWEI and Rex Energy Corporation REXX. All these stocks carry a Zacks Rank #1 (Strong Buy).

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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


ATHLON ENERGY ATHL: Free Stock Analysis Report

WILLIAMSCENGY CWEI: Free Stock Analysis Report

HALCON RESOURCS HK: Free Stock Analysis Report

REX ENERGY CORP REXX: Free Stock Analysis Report

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