CorEnergy Infrastructure Trust, Inc.CORR was a big mover last session, as the company saw its shares rise over 6% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This broke the recent trend of the company, as the stock is now trading above the price range of $13.59 to $17.80 in the past one-month time frame.
The company has seen 1 positive estimate revision in the past one month, while its Zacks Consensus Estimate moved higher over the same period, suggesting that more solid trading could be ahead. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
CorEnergy Infrastructure currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
An attractive stock in the same industry worth considering includes Arbor Realty Trust Inc. ABR carrying a Zacks Rank #1 (Strong Buy).
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