Nuverra Environmental Solutions (NES) Jumps: Stock Rises 8.2% - Tale of the Tape

By
A A A

Nuverra Environmental Solutions, Inc. ( NES ) was a big mover last session, as the company saw its shares rise over 7% 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 $15.52 to $16.68 since Dec 18.   

Over the past 30 days, while the company has seen two positive revisions, there was one negative revision in the period and the Zacks Consensus Estimate moved lower over the same time frame. This suggests that there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's jump lasts.  

Nuverra Environmental Solutions has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

However, better-ranked stocks in the business services sector include Sotheby's ( BID ), Broadridge Financial Solutions, Inc. ( BR ) and Command Center, Inc. ( CCNI ). All these carry 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 >>

SOTHEBYS (BID): Free Stock Analysis Report

BROADRIDGE FINL (BR): Free Stock Analysis Report

COMMAND CENTER (CCNI): Free Stock Analysis Report

NUVERRA ENV SOL (NES): 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: BID , BR , CCNI , NES

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

67%
100%
100%

Most Active by Volume

67,310,517
  • $100.53 ▲ 1.38%
50,893,843
  • $8.02 ▲ 2.56%
48,783,882
  • $10.25 ▲ 3.85%
43,859,280
  • $5.39 ▼ 4.09%
41,392,452
    $15.45 unch
31,440,620
  • $8.09 ▲ 3.45%
30,705,588
  • $3.11 ▲ 0.97%
28,829,509
  • $3.87 ▲ 19.44%
As of 8/19/2014, 04:03 PM

Find a Credit Card

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