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Caesarstone (CSTE) Shows Strength: Stock Adds 9% in Session
Caesarstone Ltd. (CSTE - Free Report) was a big mover last session, as its shares rose almost 9% on the day. The move came after the company reported encouraging first-quarter 2017 results. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 20% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 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.
Caesarstone currently carries a Zacks Rank #3 (Hold).
Caesarstone Ltd. Price
Caesarstone Ltd. Price | Caesarstone Ltd. Quote
A better-ranked stock from the Building Products - Miscellaneous space is TopBuild Corp. (BLD - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CSTE going up? Or down? Predict to see what others think: Up or Down
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