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Primoris Services (PRIM) Catches Eye: Stock Jumps 6.7%
Primoris Services Corporation (PRIM - Free Report) was a big mover last session, as its shares rose almost 7% 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 $17.00 to $18.56 in the past one-month time frame.
Over the last 30 days, the company witnessed four negative estimate revisions while the 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 this recent move higher can last.
Primoris Services currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
PRIMORIS SERVCS Price
PRIMORIS SERVCS Price | PRIMORIS SERVCS Quote
A better-ranked stock in the heavy construction space is MasTec, Inc. (MTZ - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is PRIM going up? Or down? Predict to see what others think: Up or Down
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