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Crescent Point Energy Corp. (CGP) Jumps: Stock Rises 7.7%

Crescent Point Energy Corp. CPG was a big mover last session, as the company saw its shares rise almost 8% on the day. The move came on solid volume 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 $10.73 to $12.27 in the past one-month time frame.

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

Crescent Point Energy carries a Zacks Rank #3 (Hold).

Crescent Point Energy Corporation Price

 

Crescent Point Energy Corporation Price | Crescent Point Energy Corporation Quote

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A better-ranked stock in the same industry is Bellatrix Exploration Ltd. BXE, carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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Bellatrix Exploration Ltd (BXE): Free Stock Analysis Report
 
Crescent Point Energy Corporation (CPG): Free Stock Analysis Report
 
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