Central European Media (CETV) Surges: Stock Moves 11.5% Higher - Tale of the Tape
December 13 2013 - 8:57AM
Zacks
Central European Media
Enterprises Ltd. (CETV) was a big mover last session, as
the company saw its shares rise nearly 12% 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 about 32% in the past one-month time
frame.
The company has seen no estimate revision over the past 30 days,
while the Zacks Consensus Estimate has not been in a trend either.
Yesterday’s price jump is encouraging though, so make sure to keep
a close watch on this firm in the near future.
Central European Media Enterprises currently has a Zacks Rank #3
(Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the TV/radio broadcasting industry
include Belo Corp. (BLC),
Gray Television Inc. (GTN) and
Salem Communications Corp.
(SALM). While Belo has a Zacks Rank #1 (Strong
Buy), Gray Television and Salem Communications carry a Zacks Rank
#2 (Buy).
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