Horsehead Holding Corp. ( ZINC ) was a big mover last session, as its shares rose over 9% 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 for the company, as the stock is now trading above the volatile price range of $15.16 to $16.44 in the past one-month timeframe.
In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Horsehead Holding currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Other well-performing stocks in the basic materials sector include Kraton Performance Polymers Inc. ( KRA ), Kronos Worldwide, Inc. ( KRO ) and Lake Shore Gold Corp. ( LSG ). All three carry a Zacks Rank #2 (Buy).