Metalico Inc. ( MEA ) was a big mover last session, as its shares rose almost 22% 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 $1.12 to $1.32 in the past one-month timeframe.
In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Metalico currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the industrial products sector include EnerSys ( ENS ), Columbus McKinnon Corporation ( CMCO ) and Blount International Inc. ( BLT ). All three sport a Zacks Rank #1 (Strong Buy).
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METALICO INC (MEA): Free Stock Analysis Report
BLOUNT INTL (BLT): Free Stock Analysis Report
COLUMBUS MCKINN (CMCO): Free Stock Analysis Report
ENERSYS INC (ENS): 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
