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Eros International (EROS) Worth a Look: Stock Rises 9.4%

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Eros International Plc was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the downtrend of the company as the stock is now down nearly 45% since July 26.

The company has seen two negative estimate revisions in the last 30 days and the Zacks Consensus Estimate also 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.

Currently, Eros International carries a Zacks Rank #3 (Hold).

World Wrestling Entertainment, Inc. Price

 

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

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

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