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Construction Partners (ROAD) Catches Eye: Stock Jumps 6.2%

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Construction Partners, Inc. (ROAD - Free Report) was a big mover last session, as the company saw its shares rise more than 6% 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 35.2% in the past one-month time frame.

The upmove came after the company announced the successful completion of the acquisition of Raleigh, NC-based Gelder & Associates, Inc.

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 Construction Partners. 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.

Construction Partners currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Construction Partners, Inc. Price

Another stock worth considering in the Building Products - Miscellaneous industry is Patrick Industries, Inc. (PATK - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Patrick Industries, Inc. (PATK) - free report >>

Construction Partners, Inc. (ROAD) - free report >>