Macquarie Infrastructure Company LLC (MIC) Catches Eye: Stock Jumps 11.3% - Tale of the Tape

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Macquarie Infrastructure Company LLC ( MIC ) was a big mover last session, as the company saw its shares rise more than 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaksthe recent trend of the company, as the stock is now trading above the near flatprice range of $59.91 to $62.37 in the past one-month time frame.

None of the estimates for this diversified ops industry stock were revised in the past 30 days. The Zacks Consensus Estimate however moved up over the same time frame, suggesting that more solid trading could be ahead for Macquarie Infrastructure. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.

Macquarie Infrastructure carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include, Noble Group Limited ( NOBGY ), China Merchants Holdings (International) Company Limited ( CMHHY )and CLARCOR Inc. ( CLC ). While Noble Group sports a Zacks Rank #1 (Strong Buy), China Merchants and CLARCOR Inc. hold a Zacks Rank #2 (Buy).

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MACQUARIE INFRA (MIC): Free Stock Analysis Report

CLARCOR INC (CLC): 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: MIC , CLC

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