Cninsure Inc. (CISG) was a big mover last session, with shares rising nearly 9% on the day. The move came on solid volume 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 $6.21 to $6.74 since Dec 15.
This insurance broker has not seen any estimate revision in the last 30 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Friday’s rally is encouraging though, so make sure to keep a close watch on this stock in the near future.
Cninsure currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, a better-ranked stock in the financial sector is Marsh & McLennan Companies, Inc. (MMC) with a Zacks Rank #2 (Buy).
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CNINSURE IN-ADR (CISG): Free Stock Analysis Report
MARSH &MCLENNAN (MMC): Free Stock Analysis Report
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