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Strength Seen in Foresight Energy (FELP): Stock Surges 13%

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Foresight Energy LP (FELP - Free Report) was a big mover last session, as the company saw its shares surge 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 51.7% 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.

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

A better-ranked stock in the same industry is Alliance Resource Partners LP (ARLP - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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Alliance Resource Partners, L.P. (ARLP) - free report >>

Foresight Energy LP (FELP) - free report >>

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