Crane Co. (CR Quick QuoteCR - Free Report) was a big mover last session, as its shares rose a little more than 11% on the day. The move came after the company reported better-than-expected results for third-quarter 2016, with an earnings beat of 5.9% and also announced its regular quarterly dividend of $0.33 per share. This led to 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 $60.43 to $63.01 in the past one-month time frame.

Over the last 30 days, the company witnessed two negative estimate revisions while the Zacks Consensus Estimate 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.

Crane currently carries a Zacks Rank #3 (Hold).

CRANE CO Price

 

CRANE CO Price | CRANE CO Quote

Another favorably-ranked stock in the diversified operations space is Mitsubishi Corporation , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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