The Phoenix Companies Inc. ( PNX ) was a big mover last session, as the company saw its shares rise 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 $53.13 to $57.20 since Oct 7.
The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Friday's jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
The Phoenix Companies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the life insurance industry include Fidelity & Guaranty Life Common ( FGL ), China Life Insurance Co. Ltd. ( LFC ) and Voya Financial, Inc. ( VOYA ). While Fidelity & Guaranty sports a Zacks Rank #1 (Strong Buy), China Life Insurance andVoya Financial have a Zacks Rank #2 (Buy).
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PHOENIX CMPNIES (PNX): Free Stock Analysis Report
FIDELITY&GUARNT (FGL): Free Stock Analysis Report
CHINA LIFE INS (LFC): Free Stock Analysis Report
HEALTH INS INN (HIIQ): 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.
