Broadwind Energy (BWEN) Falls: Stock Tanks 10.4% - Tale of the Tape

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Broadwind Energy, Inc. ( BWEN ) saw a big move last session, as the company's shares fell by over 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $10.76 to $11.91 in the past one-month time frame.

Although this slump was obviously disappointing, this energy and infrastructure services provider has seen 1 positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for BWEN. So make sure to keep an eye on this stock going forward to see if yesterday's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.

BWEN currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include Gorman-Rupp Co. ( GRC ), Blount International Inc. ( BLT ) and Dover Corporation ( DOV ). While Gorman-Rupp sports a Zacks #1 (Strong Buy), Blount and Dover carry a Zacks Rank #2 (Buy).

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BROADWIND ENRGY (BWEN): Free Stock Analysis Report

GORMAN RUPP CO (GRC): Free Stock Analysis Report

BLOUNT INTL (BLT): Free Stock Analysis Report

DOVER CORP (DOV): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: BWEN , GRC , BLT , DOV

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