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LMI Aerospace (LMIA) Jumps: Stock Rises 9.2%
December 17, 2013

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LMI Aerospace Inc. was a big mover last session, as the company saw its shares rise by over 9% 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 $11.26 to $12.83 in the past one-month time frame.

This aerospace & defense equipment company has seen 1 negative revision in the last 30 days and its Zacks Consensus Estimate also moved lower over the same time frame, signalling trouble down the road. So make sure to keep an eye on this stock going forward to see if the recent move higher lasts.

LMI Aerospace currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

Some better-ranked stocks in the aerospace/defense equipment industry include Alliant Techsystems Inc. , HEICO Corp. (HEI - Free Report) and Hexcel Corp. (HXL - Free Report) . While Alliant Techsystems and HEICO Corp. hold a Zacks Rank #1 (Strong Buy), Hexcel Corp.  carries a Zacks Rank #2 (Buy).

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