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
Some better-ranked stocks in the same sector include Gorman-Rupp Co.
), Blount International Inc.
) and Dover Corporation
). While Gorman-Rupp sports a Zacks #1 (Strong Buy), Blount and Dover carry 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 reportBROADWIND ENRGY (BWEN): Free Stock Analysis ReportGORMAN RUPP CO (GRC): Free Stock Analysis ReportBLOUNT INTL (BLT): Free Stock Analysis ReportDOVER CORP (DOV): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research