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Strength seen in Bojangles' (BOJA): Stock Jumps 12.4%
Bojangles', Inc. was a big mover last session, as the company saw its shares rise over 12% on the day. The news led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $14.80 to $16.10 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days, while the Zacks Consensus Estimate moved higher, suggesting solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Bojangles has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the same industry is Domino's Pizza, Inc. (DPZ - Free Report) sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is BOJA going up? Or down? Predict to see what others think: Up or Down
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