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Rentech (RTK) Worth a Look: Stock Adds 7.8% in Session


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Rentech, Inc. RTK was a big mover last session, as the company saw its shares rise roughly 8% on the day. The move came on solid 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 above the volatile price range of $2.47 to $3.33 in the past one-month time frame.

In the last 30 days, the company witnessed one positive estimate revision and the Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for Rentech. 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.

Rentech currently sports a Zacks Rank #1 (Strong Buy).

RENTECH INC Price

RENTECH INC Price | RENTECH INC Quote

Another well-ranked stock in the Biofuels industry is Enviva Partners, LP EVA , with a Zacks Rank #1.

Is RTK going up? Or down? Predict to see what others think: Up or Down

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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

RENTECH INC (RTK): Free Stock Analysis Report

ENVIVA PARTNERS (EVA): 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: EVA


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