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Enviva Partners, LP (EVA) Catches Eye: Stock Rises 5.3%
Enviva Partners, LP (EVA - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $21.15 to $23.56 in the past one-month time frame.
The company has seen two positive estimate revisions in the last 30 days while its Zacks Consensus Estimate moved higher suggesting more solid trading days 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.
Enviva Partners sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another better-ranked stock in the Biofuels industry is Amyris, Inc. , holding a Zacks Rank #2 (Buy).
Is EVA going up? Or down? Predict to see what others think: Up or Down
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