Essa Bancorp (ESSA) Soars 7.1%: Is Further Upside Left in the Stock?

Essa Bancorp (ESSA) shares rallied 7.1% in the last trading session to close at $17.21. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 12.8% loss over the past four weeks.With the U.S. economy showing no signs of slowing down and the Federal Reserve still expected to cut rates this year, banking sector is in the spotlight. Hence, investors are showing optimistic stance on the sector and this is likely to hav ...