Alpha Natural Resources, Inc. ( ANR ) was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now trading above the volatile price range of $3.19 to $3.63.
The company has seen no estimate revisions over the past 7 days and the Zacks Consensus Estimate is unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Alpha Natural Resources currently has a Zacks Rank #4 (Sell) with a negative Earnings ESP
Some better-ranked stocks in the wider basic materials sector include Green Plains Inc. ( GPRE
), The Andersons, Inc. ( ANDE
) and Alcoa Inc. ( AA
). While Green Plains and The Andersons sport a Zacks Rank #1 (Strong Buy), Alcoa holds a Zacks Rank #2 (Buy).
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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 reportALPHA NATRL RES (ANR): Free Stock Analysis ReportGREEN PLAINS (GPRE): Free Stock Analysis ReportANDERSONS INC (ANDE): Free Stock Analysis ReportALCOA INC (AA): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research