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Uniti Group (UNIT) Catches Eye: Stock Jumps 8.6%

Zacks Equity Research

Uniti Group Inc. UNIT was a big mover last session, as the company saw its shares rise nearly 9% 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 $6.05 –$7.86 in the past one-month time frame, witnessed a sharp increase yesterday.

The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Tailored Brands. 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.

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

Communications Sales & Leasing,Inc. Price

Communications Sales & Leasing,Inc. Price
Communications Sales & Leasing,Inc. Price

Communications Sales & Leasing,Inc. price | Communications Sales & Leasing,Inc. Quote

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Investors interested in the REIT and Equity Trust - Other industry may consider Gaming and Leisure Properties, Inc. GLPI, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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To read this article on Zacks.com click here.
 
Zacks Investment Research