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Energy Recovery (ERII) Catches Eye: Stock Jumps 6.7%

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Energy Recovery, Inc. (ERII - Free Report) was a big mover last session, as the company saw its shares rise nearly 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 near-flat price range price range of $12.07 to $12.98  in the past one-month time frame.

None of the estimates for this stock were revised over the past seven 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.

Energy Recovery currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is H2O Innovation Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is ERII going up? Or down? Predict to see what others think: Up or Down

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