LMI Aerospace (LMIA) Jumps: Stock Rises 9.2% - Tale of the Tape


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LMI Aerospace Inc. ( LMIA ) was a big mover last session, as the company saw its shares rise by over 9% 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 $11.26 to $12.83 in the past one-month time frame.

This aerospace & defense equipment company has seen 1 negative revision in the last 30 days and its Zacks Consensus Estimate also moved lower over the same time frame, signalling trouble down the road. So make sure to keep an eye on this stock going forward to see if the recent move higher lasts.

LMI Aerospace currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

Some better-ranked stocks in the aerospace/defense equipment industry include Alliant Techsystems Inc. ( ATK ), HEICO Corp. ( HEI ) and Hexcel Corp. ( HXL ). While Alliant Techsystems and HEICO Corp. hold a Zacks Rank #1 (Strong Buy), Hexcel Corp.  carries a Zacks Rank #2 (Buy).

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ALLIANT TECHSYS (ATK): Free Stock Analysis Report

HEICO CORP (HEI): Free Stock Analysis Report

HEXCEL CORP (HXL): Free Stock Analysis Report

LMI AEROSPACE (LMIA): 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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
More Headlines for: ATK , HEI , HXL , LMIA

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