Zep Slumps: ZEP Falls 6.1% in Session - Tale of the Tape

By
A A A

Zep, Inc. ( ZEP ) saw a big move last session, as the company's shares fell by nearly 6% on the day. The move came on pretty good 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 below the volatile price range of $17.19 to $18.68 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as this leading producer and marketer of maintenance and cleaning solutions has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

ZEP currently has a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the Chemical-Specialty industry include Green Plains Inc. ( GPRE ), Minerals Technologies Inc. ( MTX ) and NL Industries Inc. ( NL ). All these stocks carry a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

ZEP INC (ZEP): Free Stock Analysis Report

GREEN PLAINS (GPRE): Free Stock Analysis Report

MINERAL TECH (MTX): Free Stock Analysis Report

NL INDS INC (NL): Get Free Report

To read this article on Zacks.com click here.

Zacks Investment Research



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: ZEP , GPRE , MTX , NL

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

100%
75%
100%
100%

Most Active by Volume

36,586,989
  • $41.35 ▼ 2.29%
33,435,019
  • $42.20 ▼ 10.86%
31,919,424
  • $9.72 ▼ 8.30%
30,045,396
  • $26.49 ▼ 1.41%
29,014,873
  • $8.05 ▼ 8%
27,308,018
  • $14.66 ▼ 8.32%
23,704,242
  • $118.93 ▼ 0.06%
23,514,654
  • $17.04 ▼ 0.41%
As of 11/28/2014, 01:06 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com