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Fang Holdings (SFUN) in Focus: Stock Moves 7.3% Higher

Zacks Equity Research
Updated

Fang Holdings Limited SFUN was a big mover last session, as the company saw its shares rise over 7% 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 $3.96–$4.44 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen one negative estimate revisions in the past two months compared to no positive revision. The Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, 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.

Fang Holdings currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%

Fang Holdings Limited  Price and Consensus

SouFun Holdings Limited Price and Consensus | SouFun Holdings Limited Quote

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A better ranked stock in the Business - Services industry is Avis Budget Group, Inc..CAR which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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Avis Budget Group, Inc. (CAR) : Free Stock Analysis Report
 
SouFun Holdings Limited (SFUN) : Free Stock Analysis Report
 
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