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DHI

Strength Seen in Gafisa S.A. (GFA): Stock Rises 5.3%

Gafisa S.A.GFA was a big mover last session, as the company saw its shares rise more than 5% 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 $0.91 to $1.18 over the past one month time frame.

None of the estimates for this stock were revised in the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Gafisa carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

Investors interested in the bldg-rsdnt/comr industry may also consider DR Horton Inc. DHI , sporting a Zacks Rank #1 (Strong Buy).

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

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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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