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KMG Chemicals (KMG) Shows Strength: Stock Moves Up 5.8%
KMG Chemicals Inc. was a big mover last session, as its shares rose almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is now down nearly 6% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
KMG Chemicals currently has a Zacks Rank #3 (Hold) while the Earnings ESP is 0.00%.
A better-ranked chem-speciality stock is Daqo New Energy Corp. (DQ - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is KMG going up? Or down? Predict to see what others think: Up or Down
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