Forbes Energy Services Ltd. FES was a big mover last session, as the company saw its shares rise by nearly 11% 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 32.23 % in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, and the Zacks Consensus Estimate is unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Forbes Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the oil and gas industry include NSK Ltd. (NPSKY), NN Inc. NNBR and Norsk Hydro ASA (NHYDY). While NSK Ltd. sports a Zacks Rank #1, NN Inc. and Norsk Hydro carry a Zacks Rank #2.
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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
FORBES ENERGY FES: Free Stock Analysis Report
NSK LTD -UN ADR (NPSKY): Get Free Report
NN INC NNBR: Free Stock Analysis Report
NORSK HYDRO ADR (NHYDY): Get Free Report
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