North American Energy Partners Inc. (NOA - Free Report) was a big mover last session, as the company saw its shares rise almost 12% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.95 to $3.35 in the past one-month time frame.
The company has seen one positive estimate revision in the last 30 days, while its Zacks Consensus Estimate moved higher, suggesting more solid trading ahead. 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.
North American Energy Partners sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another favorably placed stock in the same industry is Baker Hughes Incorporated (BHI - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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