NN (NNBR) Jumps: Stock Rises 9.1% - Tale of the Tape
May 07 2014 - 8:57AM
Zacks
NN Inc. (NNBR) was a
big mover last session, as the company saw its shares rise 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 of the company, as the stock is now trading above the
volatile price range of $19.21 to $20.25 in the past one-month time
frame.
The company has seen one negative revision in the past 30 days,
while its Zacks Consensus Estimate moved lower over the same time
frame, suggesting there may be trouble down the road. So make sure
to keep an eye on this stock going forward to see if yesterday’s
jump lasts.
NN currently has a Zacks Rank #1 (Strong Buy) while its Earnings
ESP is 0.00%.
Some other stocks worth consideration in the basic materials sector
include AngloGold Ashanti Ltd. (AU),
Compass Minerals International Inc. (CMP) and
Gold Fields Ltd. (GFI). All of these sport a Zacks
Rank #1.
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NN INC (NNBR): Free Stock Analysis Report
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