) was a big mover last session with shares rising nearly 8% on the
day. The move came on solid volume too with far more shares
changing hands than in a normal session. This reverses the recent
trend for the company, as the stock is now down over 19% in the
last one-month time frame.
This basic materials manufacturer saw one negative estimate
revision in the past 7 days. Its Zacks Consensus Estimate also
moved lower over the same time frame, suggesting there may be
trouble down the road. So make sure to keep an eye on this stock
going forward to see if yesterday's rally can last.
Penford currently has a Zacks Rank #5 (Strong Sell) while its
However, some better-performing stocks in the same sector include
The Andersons, Inc.
KapStone Paper and Packaging Corp
). All these stocks carry a Zacks Rank #1 (Strong Buy).
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ANDERSONS INC (ANDE): Free Stock Analysis
KAPSTONE PAPER (KS): Free Stock Analysis Report
METHANEX CORP (MEOH): Free Stock Analysis
PENFORD CORP (PENX): Free Stock Analysis Report
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