Back to top

Boulder Brands (BDBD) in Focus: Stock Surges 11.1%

Read MoreHide Full Article

Boulder Brands, Inc. was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on the news that activist Glenn Welling has significantly boosted his stake in the company to 5.86 million shares. This led to solid volume 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 13% since Jul 8, 2015.

The company has seen no estimate revisions in the past 7 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Boulder Brands currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

A better-ranked food stock is Cal-Maine Foods, Inc. , sporting a Zacks Rank #1 (Strong Buy).

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

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>




Normally $25 each - click below to receive one report FREE:


More from Zacks Tale of the Tape

You May Like