Altra Industrial Motion Corp. ( AIMC ) saw a big move last session, as the company's shares fell by nearly 7% 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 AIMC is now trading below the volatile price range of $30.1 to $32.2 in the past one-month time frame.
This Industrial Machinery provider has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
AIMC currently has a Zacks Rank # 4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Industrial Machinery industry include Blount International Inc. ( BLT ), Barnes Group Inc. ( B ) and EnPro Industries, Inc. ( NPO ). While Blount International holds a Zacks Rank #1(Strong Buy), Barnes Group and EnPro Industries carry a Zacks Rank #2 (Buy).
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