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KMG Chemicals (KMG) Looks Good: Stock Adds 5% in Session

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KMG Chemicals, Inc. was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume 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 nearly 30% since Apr 13.

None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Currently, KMG Chemicals sports a Zacks Rank #1 (Strong Buy).

Another stock worth considering in the same industry is Ashland Global Holdings Inc. (ASH - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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