TravelCenters of America (TA) Crumbles: Stock Falls by 6.1%
TravelCenters of America LLC (TA) saw a big move last session, as the company’s shares fell more than 6% on the day. The move came on pretty good 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 below the volatile price range of $8.58 to $9.33 in the past one-month time frame.
The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
TA currently has a Zacks Rank #3 (Hold) while its Earnings ESP is zero.
Some better-ranked stocks in the speciality retail industry include The Kroger Co. (KR), Jamba, Inc. (JMBA) and Dunkin' Brands Group, Inc. (DNKN). All these stocks carry a Zacks Rank #2 (Buy).
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TRAVELCENTERS AMERICA LLC (TA): Free Stock Analysis Report
KROGER CO (KR): Free Stock Analysis Report
JAMBA INC (JMBA): Free Stock Analysis Report
DUNKIN' BRANDS GROUP INC (DNKN): Free Stock Analysis Report
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