Diamond Resorts International, Inc. ( DRII ) saw a big move last session, as the company's shares fell over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for DRII, as the stock is now down nearly 11% since Mar 11.
This slump shouldn't be too much of a surprise to investors, as this stock in the Resorts and Casinos industry has seen its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
Diamond Resorts currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same space include Carnival Corporation
), SFX Entertainment Inc.
) and Live Nation Entertainment, Inc.
). All these stocks carry a Zacks Rank #2 (Buy).
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. Click to get this free report >>CARNIVAL CORP (CCL): Free Stock Analysis ReportDIAMOND RESORTS (DRII): Free Stock Analysis ReportLIVE NATION ENT (LYV): Free Stock Analysis ReportSFX ENTMT INC (SFXE): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research