Back to top

Tale of the Tape

Zacks Equity Research

Energy Recovery (ERII) Looks Good: Stock Rises by 7.4%
September 28, 2016

ERII HCCI

Trades from $3

Energy Recovery, Inc. (ERII - Free Report) was a big mover last session, as the company saw its shares rise over 7% on the day. The stock was added to the "conviction list" at Iberia Capital, the Fly reports. The news led to far more shares changing hands than in a normal session resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.07 to $16.11 in the past one-month time frame.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Energy Recovery currently sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

Another favorably placed stock in the same industry is Heritage-Crystal Clean, Inc (HCCI - Free Report) , sporting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Confidential from Zacks

Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>