Corporate Resource (CRRS) Crumbles: Stock Goes Down 6.3% - Tale of the Tape


Corporate Resource Services, Inc. ( CRRS ) saw a big move last session, as the company's shares fell over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for CRRS, as the stock is up nearly 37% in the last one month.

This Business services provider has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

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

Some better-ranked stocks in Business Services industry include JTH Holding, Inc. ( TAX ), Odyssey Marine Exploration Inc. ( OMEX ) and Rentrak Corporation ( RENT ). All these stocks hold 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 OMX Group, Inc.

This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: CRRS , OMEX , RENT , TAX

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