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Progressive Waste Solutions (BIN) Jumps: Stock Rises 7.2%

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Progressive Waste Solutions Ltd. was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on the company’s announcement on Jan 4 that it has commenced the review of strategic alternatives. This led to solid volume with far more shares changing hands than in a normal session. With this, the recent uptrend for the company continues as the stock is now up 10.5% in the last one month.

The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Progressive Waste Solutions currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another well-ranked stock in the same space is Energy Recovery, Inc. (ERII - Free Report) , sporting a Zacks Rank #1 (Strong Buy).

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