Controladora Vuela Compañía de Aviación, S.A.B. de C.V.VLRS , doing business as Volaris, was a big mover last session, as the company saw its shares rise nearly 6% 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 $14.51 to $15.83 over the past one month time frame.
The stock has witnessed one downward estimate revision in the past 30 days. The Zacks Consensus Estimate has also moved down over same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher lasts.
Volaris carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
A better-ranked stock in the trans-airline industry is Virgin America Inc. VA , sporting a Zacks Rank #1 (Strong Buy).
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