Urban Outfitters (URBN) Looks Good: Stock Moves Up 17.5%
Zacks Investment Research | Aug 17, 2017 08:15AM ET
Urban Outfitters, Inc. (NASDAQ:URBN) was a big mover last session, as its shares rose more than 17% on the day. The move came after the company delivered robust second-quarter 2017 results. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $16.82 to $19.58 in the past one-month time frame.
The company has seen one negative estimate revision in the last 30 days, while its Zacks Consensus Estimate has moved lower over the said 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 yesterday’s move higher can last.
Urban Outfitters currently carries a Zacks Rank #4 (Sell).
Urban Outfitters, Inc. Price
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