CARBO Ceramics Inc.
) was a big mover last session, as the company saw its shares
gain nearly 8% on the day. The move came on the back of solid
volume too, as far more shares changed hands than in a normal
session. The uptrend is continuing for this oil & gas
equipment manufacturer, as the stock has moved up roughly 12% in
the past one-month time period.
The company has seen 4 negative revisions in the past few weeks
and its earnings consensus has moved lower over the past two
months, suggesting there could be trouble down the road. So make
sure to keep an eye on this stock going forward to see if this
recent rally can last.
CARBO Ceramics currently has a Zacks Rank #3 (Hold) while its
Some better performing oil & gas equipment manufacturers
Seacor Holdings Inc.
Oceaneering International, Inc.
). While Seacor carries a Zacks Rank #1 (Strong Buy), Halliburton
and Oceaneering International carry a Zacks Rank #2 (Buy).
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