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Fibria Celulose (FBR) Looks Good: Stock Adds 5.1% in Session

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Fibria Celulose S.A. was a big mover last session, as the company saw its shares rise more than 5% 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 18.6% in the past one-month time frame.

The move came after the Brazilian pulp-maker swung to a profit in fourth-quarter 2017, as against net loss reported a-year ago, owing to stronger pulp prices and currency effects.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Fibria Celulose. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Fibria Celulose currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Paper and Related Products industry is Domtar Corporation , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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