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Empresa (EDN) Worth a Looks: Stock Adds 7.6% in Session

Zacks Equity Research
Updated

Empresa Distribuidora y Comercializadora Norte S.A. EDN was a big mover last session, as the company saw its shares rise over 7% 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 $28.63 to $31.80 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 moved lower suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.

Empresa flaunts a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) Price

 

Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) Price | Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) Quote

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Another favorably placed stock in the same industry is Spark Energy, Inc. SPKE, also sporting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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Spark Energy, Inc. (SPKE): Free Stock Analysis Report
 
Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN): Free Stock Analysis Report
 
To read this article on Zacks.com click here.