SunPower (SPWR) in Focus: Stock Moves 10.7% Higher

SunPower Corporation SPWR was a big mover last session, as the company saw its shares rise nearly 11% 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 $7.09 to $9.27 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

SunPower currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

SunPower Corporation Price

SunPower Corporation Price | SunPower Corporation Quote

A better-ranked stock in the Oils-Energy sector is First Solar, Inc. FSLR which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

Is SPWR going up? Or down? Predict to see what others think: Up or Down.

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