United Financial Bancorp (UBNK) in Focus: Stock Jumps 12.7% - Tale of the Tape

By Zacks Equity Research,

Shutterstock photo

United Financial Bancorp, Inc. ( UBNK ) was a big mover last session, as the company saw its shares rise by roughly 13% 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 $15.68 to $16.31 in the past one-month time frame.

This bank holding company has seen two negative estimate revisions in the past 30 days. Its Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if the recent move higher lasts.

United Financial Bancorp has a Zacks Rank #4 (Sell) and its Earnings ESP is 0.00%

Some stocks with a favorable Zacks Rank in the same industry include Arrow Financial Corporation ( AROW ), CNB Financial Corp . ( CCNE ) and Financial Institutions Inc. ( FISI ). 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 >>

ARROW FINL CORP (AROW): Free Stock Analysis Report

CNB FINL CP PA (CCNE): Free Stock Analysis Report

FINANCIAL INST (FISI): Free Stock Analysis Report

UTD FINL BCP (UBNK): 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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: AROW , CCNE , FISI , UBNK

More from Zacks.com




Follow on:

Find a Credit Card

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