Markets
MOS

Sociedad Quimica (SQM) in Focus: Stock Moves 7.9% Higher

Sociedad Química y Minera de Chile S.ASQM was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $50.20 -$57.33 in the past one-month time frame, witnessed a sharp increase yesterday.

The move came after Conservative former President Sebastian Pinera won the election in Chile.

The company has seen one positive estimate revision 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 Sociedad Química. 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.

Sociedad Quimica y Minera S.A. Price

Sociedad Quimica y Minera S.A. Price | Sociedad Quimica y Minera S.A. Quote

Sociedad Química currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another stock worth considering in the Basic Materials sector is The Mosaic Company MOS which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today's Zacks #1 Rank stocks here .

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

Zacks Editor-in-Chief Goes "All In" on This Stock

Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.

Download it free >>

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

Sociedad Quimica y Minera S.A. (SQM): Free Stock Analysis Report

Mosaic Company (The) (MOS): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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.

In This Story

MOS SQM

Other Topics

Investing Stocks

Latest Markets Videos