Abercrombie & Fitch Co. ( ANF ) was a big mover last session, as the company saw its shares rise by almost 6% 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 $35.12 to $38.64 in the past one-month time frame.
This apparel stores company has seen one positive and one 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.
Abercrombie & Fitch currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Some better-ranked stocks in the same sector include Citi Trends, Inc.
), American Apparel, Inc.
) and Foot Locker, Inc.
). While Citi Trends hold a Zacks Rank #1 (Strong Buy), American Apparel and Foot Locker carry a Zacks Rank #2 (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 reportABERCROMBIE (ANF): Free Stock Analysis ReportAMER APPAREL (APP): Free Stock Analysis ReportCITI TRENDS INC (CTRN): Free Stock Analysis ReportFOOT LOCKER INC (FL): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research