Strength Seen in Harvest Natural Inc. (HNR): Stock Soars 20.6%

Strength Seen in Harvest Natural Inc. (HNR): Stock Soars 20.6%

Harvest Natural Resources Inc. (HNRSnapshot Report) was a big mover last session, as the company saw its shares rise nearly 21% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up roughly 39% since Nov 13.

The company has seen one positive revision in the past 30 days and the Zacks Consensus Estimate also moved higher over the same time frame, suggesting more solid trading ahead for Harvest Natural. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Harvest Natural currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

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Some other stocks worth considering in the same sector include Abraxas Petroleum Corp. (AXASSnapshot Report), Bonanza Creek Energy, Inc. (BCEISnapshot Report) and Clayton Williams Energy, Inc. (CWEISnapshot Report). All these stocks sport a Zacks Rank #1.

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