Clean Energy Fuels Corp. ( CLNE ) saw a big move on Friday, as the company's shares fell nearly 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for CLNE, as the stock is now down over 28% in the past one-month time frame.
The company, which provides natural gas fuel for transportation, has seen 1 downward revision in the current year estimates over the past few weeks, while the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
CLNE currently has a Zacks Rank #4 (Strong Sell) while its Earnings ESP
Some better-ranked stocks in the same sector include Southwest Gas Corporation
), Vectren Corporation
) and American Electric Power Co., Inc.
). All these stocks hold a Zacks Rank #2 (Buy).
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. Click to get this free report >>AMER ELEC PWR (AEP): Free Stock Analysis ReportCLEAN EGY FUELS (CLNE): Free Stock Analysis ReportSOUTHWEST GAS (SWX): Free Stock Analysis ReportVECTREN CORP (VVC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research