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Strength seen in Ball Corporation (BLL): Stock Soars 12%

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Ball Corporation was a big mover last session, as the company saw its shares rise 12% on the day. The upside was driven after the company announced robust second-quarter 2016 results.  The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $69.77 to $71.70 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ball Corporation has a Zacks Rank #3 (Hold) while its Earnings ESP is positive. 

Another better-ranked stock in the same industry is Greif, Inc. (GEF - Free Report) holding a Zacks Rank #2 (Buy).

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

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