Intrepid Potash (IPI) in Focus: Stock Moves 5.1% Higher

MOS IPI

Intrepid Potash, Inc. (IPI - Free Report) was a big mover last session, as its shares rose a little over 5% on the day. The move came on solid volume too with 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 $1.03 cents to $1.40 in the past one-month time frame.

Over the last 30 days, the company has witnessed three negative estimate revisions while the Zacks Consensus Estimate also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Intrepid Potash currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the fertilizers space is The Mosaic Company (MOS - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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