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Texas Pacific Land Trust (TPL - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $308.34–$622.00 in the past one-month time frame, witnessed a sharp increase on Friday.
The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Texas Pacific currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
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Texas Pacific (TPL) Surges: Stock Moves 8.5% Higher
Texas Pacific Land Trust (TPL - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $308.34–$622.00 in the past one-month time frame, witnessed a sharp increase on Friday.
The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Texas Pacific currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Texas Pacific Land Trust Price
Texas Pacific Land Trust price | Texas Pacific Land Trust Quote
A better-ranked stock in the Real Estate - Operations industry is Colliers International Group Inc. (CIGI - 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.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.
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