Tsakos Energy Navigation Limited ( TNP ) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 35.27% over the past one-month time frame.
This shipping industry stock has seen two positive revisions in the past 60 days. The Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for Tsakos Energy. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.
Tsakos Energy Navigation has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the same sector include Genco Shipping & Trading Ltd. ( GNK ), Diana Containerships Inc. ( DCIX ) and Knightsbridge Tankers Limited ( VLCCF ). All these stocks sport a Zacks Rank #1 (Strong Buy).
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