VimpelCom Ltd. ( VIP ) was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 37.37% over the past one-month time frame.
The stock has witnessed one upward and two downward estimate revisions in the past 30 days. The Zacks Consensus Estimate has also moved down over the 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 can last.
VimpelCom carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
A better-ranked stock in the diversified comm services industry is Vonage Holdings Corporation ( VG ) sporting a Zacks Rank #1 (Strong Buy).
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