Dresser-Rand Group (DRC) Surges: Stock Moves 12.6% Higher - Tale of the Tape

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Dresser-Rand Group Inc. ( DRC ) was a big mover last session, as the company saw its shares rise over 12% on the day. The move came on solid 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 above the volatile price range of $60.42 to $63.73 in the past one-month time frame.

The company has seen no estimate revision in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Dresser-Rand Group currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the oil field machine and equipment industry include Cameron International Corporation ( CAM ), Dril-Quip, Inc. ( DRQ ) and Forum Energy Technologies, Inc. ( FET ). All these stocks have a Zacks Rank #2 (Buy).

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DRESSER-RAND GP (DRC): Free Stock Analysis Report

CAMERON INTL (CAM): Free Stock Analysis Report

DRIL-QUIP INC (DRQ): Free Stock Analysis Report

FORUM ENRG TECH (FET): 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: DRC , CAM , DRQ , FET

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Most Active by Volume

100,376,898
  • $17.62 ▲ 0.51%
83,231,837
  • $25.62 ▲ 1.91%
75,739,329
  • $111.78 ▼ 0.77%
65,297,937
  • $36.37 ▼ 1.76%
59,053,093
  • $47.66 ▲ 0.29%
53,482,350
  • $2.59 ▼ 0.38%
51,504,284
  • $7.34 ▲ 2.37%
51,434,656
  • $8.14 ▲ 6.96%
As of 12/19/2014, 04:15 PM


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