Popular, Inc. (NASDAQ:BPOP) was a big mover last session, as the company saw its shares rise more than 7% 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 $32.29 to $35.98 in the past one-month time frame.
The company has seen two negative estimate revisions in the past one month, while its Zacks Consensus Estimate has also moved lower over the same time period, 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.
Popular currently has a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.
A better-ranked stock in the Banks – Southeast industry is First Bancorp (NASDAQ:FBNC) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is BPOP going up? Or down? Predict to see what others think: Up or Down
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Popular, Inc. (BPOP): Free Stock Analysis Report
First Bancorp (FBNC): Free Stock Analysis Report
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