InterOil (IOC) Jumps: Stock Adds 10.1% in Session - Tale of the Tape

By
A A A

InterOil Corporation ( IOC ) was a big mover last session with the shares rising over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down nearly 9% in the past one-month time frame.

This integrated oil and gas company has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

However, better-ranked stocks in the same sector include Abraxas Petroleum Corp. ( AXAS ), Tesco Corp. ( TESO ) and SM Energy Company ( SM ). All these stocks sport a Zacks Rank #1 (Strong Buy).

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 >>

ABRAXAS PETE/NV (AXAS): Free Stock Analysis Report

INTEROIL CORP (IOC): Free Stock Analysis Report

SM ENERGY CO (SM): Free Stock Analysis Report

TESCO CORP (TESO): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research




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: AXAS , IOC , SM , TESO

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Avatars of the Luxe Life
Avatars of the Luxe Life            

Stocks

Referenced

Most Active by Volume

72,725,348
  • $6.745 ▲ 11.30%
50,567,888
  • $6.795 ▲ 1.42%
49,847,205
  • $17.421 ▲ 0.93%
43,525,979
  • $7.785 ▲ 1.90%
39,812,195
  • $111.93 ▲ 2.30%
36,244,195
  • $44.97 ▲ 9.26%
35,783,839
  • $7.11 ▲ 1.28%
34,067,770
  • $103.82 ▲ 1.98%
As of 12/18/2014, 02:41 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com