CorpBanca (BCA) Surges: Stock Moves 11.1% Higher - Tale of the Tape


CorpBanca ( BCA ) was a big mover last session, as the company saw its shares rise over 11% 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 $16.68 to $18.88 in the past one-month time frame.

The company has seen one positive estimate revision in the past 60 days. TheZacks Consensus Estimate also moved higher over the same time frame, suggesting more solid trading ahead for CorpBanca. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

CorpBanca has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the banking sector include Australia & New Zealand Banking Group Limited ( ANZBY ), DBS Group Holdings Limited ( DBSDY ) and National Australia Bank Limited ( NABZY ). All these stocks sport a Zacks Rank #1 (Strong Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ, Inc.

This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ANZBY , BCA , DBSDY , NABZY

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As of 10/2/2015, 04:15 PM

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