Strength Seen in CorpBanca (BCA): Stock Moves 7.3% Higher

CorpBanca BCA was a big mover last session, as the company saw its shares rise over 7% 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 $12.93 to $14.43 since Aug 12.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

CorpBanca currently has a Zacks Rank #4 (Sell).

A better-ranked stock in the same space is Banco de Chile BCH with a Zacks Rank #2 (Buy).

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

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CORPBANCA -ADR BCA: Free Stock Analysis Report
 
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