You are being directed to ZacksTrade, a division of Zacks & Company and licensed broker-dealer. ZacksTrade and Zacks.com are separate but affiliated companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

Zacks #1 Stocks on the Move 08/20/2014

Company Name Symbol %Change
INUVO INC INUV
8.33%
CENTURY ALUM CENX
4.50%
PERFECT WORL PWRD
4.31%
PLANAR SYSTE PLNR
3.86%
MALLINCKRODT MNK
3.83%
Commercial Metals Trading Higher on 1.8x Above-Average Volume (CMC)

Print Share

Jan 07, 2013 (Unusual volume via COMTEX) -- Commercial Metals shares are trading on heavy volume today, having risen 3.6% to $16.10. Approximately 1.6 million shares have changed hands today vs. average 30-day volume of 847,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

Commercial Metals Company and its subsidiaries manufacture, recycle, and market steel and metal products and related materials. The Company markets and trades primary and secondary metals, steel, ores, concentrates, industrial minerals, ferroalloys, chemicals, and other materials used in a variety of industries.

Commercial Metals (NYSE:CMC) defies analysts with a current price ($16.10) 8.9% above its average consensus price target of $14.67. Commercial Metals shares have support at the 50-day moving average (MA) of $14.05 and additional support at the 200-day MA of $13.49.

In the past 52 weeks, Commercial Metals share prices have been bracketed by a low of $11.30 and a high of $16.48 and are now at $16.10, 42% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.7%.

---------------------------------------------------------------------------------------------

Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.

Copyright, Comtex News Network, Inc. 2013

Free Stock Analysis From Zacks

Includes Zacks Long-Term Recommendation and Target Price

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.