Ultrapetrol (Bahamas) Ltd. (ULTR - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company — as the stock is now down more than 50% in the past one-month time frame.
The company has seen 1 negative estimate revision in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher can last.
Ultrapetrol currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the same space is Dorian LPG Ltd. (LPG - Free Report) sporting a Zacks Rank #1 (Strong Buy).
Is ULTR going up? Or down? Predict to see what others think: Up or Down
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