Select Bancorp, Inc. (SLCT) was a big mover last session, as the company saw its shares rise over 5% 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 $7.00 to $7.60 in the past one-month time frame.
The company has seen 1 positive estimate revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for the company. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Select Bancorp currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another stock in the same industry worth considering is HopFed Bancorp Inc. (HFBC), which sports a Zacks Rank #1.
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