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Fairmount Santrol Holdings (FMSA) Jumps: Stock Up 8.9%
Fairmount Santrol Holdings, Inc. was a big mover last session, as the company saw its shares rise nearly 9% on the day. The company has been upgraded by Morgan Stanley which drove the stock price. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the company is now up almost 42% in the past one-month time frame.
The company has seen six positive and one negative estimate revision in the last 30 days, while its Zacks Consensus Estimate moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Fairmount Santrol Holdings currently carries a Zacks Rank #3 (Hold).
A better-ranked stock in the broader Basic Materials sector is Asahi Kasei Corporation (AHKSY - Free Report) sporting a Zacks Rank #1(Strong Buy).
Is FMSA going up? Or down? Predict to see what others think: Up or Down
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