FLY Leasing LimitedFLY was a big mover last session, as the company saw its shares rise over 8% 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 $12.54 to $13.56 in the past one-month time frame.
The company has seen 1 positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead. 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.
FLY Leasing currently has a Zacks Rank #3 (Hold).
A better-ranked stock in the same space is American Railcar Industries, Inc. ARII with a Zacks Rank #2 (Buy).
Is FLY going up? Or down? Predict to see what others think: Up or Down
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FLY LEASING LTD (FLY): Free Stock Analysis Report
AMER RAILCAR (ARII): Free Stock Analysis Report
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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.
