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Dynamic Materials Slumps: BOOM Falls 5% in Session
March 06, 2014

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Dynamic Materials Corp. (BOOM - Free Report) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for BOOM as the stock is now down nearly 18% since Feb 24, 2014.
This slump shouldn’t be too much of a surprise to investors, as the metal fabrication company has seen 3 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
BOOM currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the industrial goods sector include Ball Corporation (BLL - Free Report) , with a Zacks Rank #1 (Strong Buy), and Worthington Industries, Inc. (WOR - Free Report) and Norsk Hydro ASA (NHYDY - Free Report) with a Zacks Rank #2 (Buy).
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