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Abercrombie & Fitch (ANF) in Focus: Stock Moves 17.1% Higher

Abercrombie & Fitch Co.ANF was a big mover last session, as the company saw its shares rise over 17% 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 $9.15 to $10.24 in the past one-month time frame.

The move came after the company reported better-than-expected second-quarter 2017 results.

The company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past month, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Abercrombie & Fitch Company Price

Abercrombie & Fitch Company Price | Abercrombie & Fitch Company Quote

Abercrombie & Fitchcurrently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Retail-Wholesale is The Children's Place, Inc. PLCE , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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