Tidewater Inc. (TDW) in Focus: Stock Moves 5.4% Higher - Tale of the Tape

Tidewater Inc. (TDW) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 20.3% in the past one-month time frame.
 
None of the estimates for this oil & gas equipment & services industry stock were revised over the past 30 days. However, the Zacks Consensus Estimate moved lower over the past one month, 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.
 
Tidewater Inc. (TDW) has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
 
Some better-ranked stocks in the basic materials sector include Costamare Inc. (CMRE), Ship Finance International Limited (SFL) and Star Bulk Carriers Corp. (SBLK), each carrying 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
 
TIDEWATER INC (TDW): Free Stock Analysis Report
 
COSTAMARE INC (CMRE): Free Stock Analysis Report
 
SHIP FIN INTL (SFL): Free Stock Analysis Report
 
STAR BULK CARRS (SBLK): Free Stock Analysis Report
 
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