Herbalife Ltd. (HLF) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $30.44–$35.40 in the past one-month time frame.
This nutrition and personal care products company witnessed one negative estimate revision in the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Herbalife carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.
Investors interested in the space can also consider Diplomat Pharmacy, Inc. (DPLO), carrying a Zacks Rank #2 (Buy).
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HERBALIFE LTD (HLF): Free Stock Analysis Report
DIPLOMAT PHARMA (DPLO): Free Stock Analysis Report
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Herbalife Ltd. (HLF) in Focus: Stock Jumps 8.2% in Session - Tale of the Tape
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