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Park National (PRK) in Focus: Stock Tumbles 7.1%

Park National Corp.PRK saw a big move last session, as the company's shares fell over 7% on Friday. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for PRK, as the stock is now down over 15% since Dec 4.

The Newark, OH based bank has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

PRK currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.0%.

A better-ranked stock in the Finance sector is German American Bancorp Inc. GABC , which currently carries a Zacks Rank #1 (Strong Buy).

Is PRK going up? Or down? Predict to see what others think: Up or Down

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GERMAN AMER BCP (GABC): Free Stock Analysis Report

PARK NATIONAL (PRK): 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.

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