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Calavo Growers (CVGW) in Focus: Stock Moves 5.8% Higher

Zacks Equity Research
Updated

Calavo Growers, Inc. CVGW was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up 10.6% in the past one-month time frame.

The move came after the company reported solid second-quarter 2017 results.

The company’s Zacks Consensus Estimate for the current quarter 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.

Calavo Growers currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%. 

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Calavo Growers, Inc. Price

 

Calavo Growers, Inc. Price | Calavo Growers, Inc. Quote

A better-ranked stock in the Consumer Staples sector is Compania Cervecerias Unidas S.A. CCU, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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See Zacks' Top 3 Stocks to Ride This Space >>


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Zacks Investment Research