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Fairmount Santrol (FMSA) Catches Eye: Stock Jumps 8.1%


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Fairmount Santrol Holdings Inc. FMSA was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company-as the stock is now up 58.8% in the past one-month time frame.

The upside was likely driven by reports that Belgian mining firm SCR-Sibelco NV was considering the acquisition of the U.S. frack sand miner.

The company has seen two positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Fairmount Santrol. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Fairmount Santrol currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.  

Fairmount Santrol Holdings Inc. Price

Fairmount Santrol Holdings Inc. Price | Fairmount Santrol Holdings Inc. Quote

A better-ranked stock in the Metal Products - Fasteners industry is Park-Ohio Holdings Corp. PKOH , which currently carries a Zacks Rank #2 (Buy). You can see  the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

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Fairmount Santrol Holdings Inc. (FMSA): Free Stock Analysis Report

Park-Ohio Holdings Corp. (PKOH): 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
Referenced Symbols: PKOH


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