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Interpublic Group of Companies, Inc. (The) (IPG) - free report >>
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Interpublic Group of Companies, Inc. (The) (IPG) - free report >>
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Interpublic (IPG) in Focus: Stock Moves 9.7% Higher
The Interpublic Group of Companies, Inc. (IPG - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid 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 above the volatile price range of $21.43 to $23.40 in the past one-month time frame.
The move came after the company reported solid third-quarter 2018 results.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Interpublic. 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.
Interpublic currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Interpublic Group of Companies, Inc. (The) Price
Interpublic Group of Companies, Inc. (The) Price | Interpublic Group of Companies, Inc. (The) Quote
A better-ranked stock in the Advertising and Marketing industry is National CineMedia, Inc. (NCMI - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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