Strength Seen in West Bancorp (WTBA): Can Its 8.5% Jump Turn into More Strength?
West Bancorp (WTBA) shares ended the last trading session 8.5% higher at $18.71. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.9% gain over the past four weeks. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. With cooling ...