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Strength Seen in Duluth Holdings (DLTH): Stock Soars 21.9%

Duluth Holdings Inc. DLTH was a big mover last session, as the company saw its shares rise nearly 22% on the day. The upside came on the back of solid fourth-quarter fiscal 2016 result which led to 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 $17.27 to $20.26 in the past one-month time frame.

The company has seen 1 positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead. 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.

Duluth currently has a Zacks Rank #2 (Buy).

Another well-ranked stock in the same space is Delta Apparel Inc. DLA sporting a Zacks Rank #1 (Strong Buy).

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

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
DULUTH HOLDINGS (DLTH): Free Stock Analysis Report
 
DELTA APPAREL (DLA): Free Stock Analysis Report
 
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