Diamond Foods (DMND) Jumps: Stock Moves 7.3% Higher

Diamond Foods, Inc. (DMND) big mover last session, as the company saw its shares rise more than 7% 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 $25.87 to $28.17 in the past one-month time frame.

This food stock witnessed 1 upward revision and 2 downward revisions over 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 Friday’s move higher lasts.

Diamond Foods has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

However, some better-ranked stocks include Aramark (ARMK), Boulder Brands, Inc. (BDBD) and ConAgra Foods, Inc. (CAG). While Aramark sports a Zacks Rank #1 (Strong Buy), Boulder Brands and ConAgra Foods carry a Zacks Rank #2 (Buy).

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DIAMOND FOODS INC (DMND): Free Stock Analysis Report

ARAMARK (ARMK): Free Stock Analysis Report

BOULDER BRANDS INC (BDBD): Free Stock Analysis Report

CONAGRA FOODS INC (CAG): Free Stock Analysis Report


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