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Ferro Corporation (FOE) Rises: Stock Adds 9.6% in Session

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Ferro Corporation was a big mover last session, as the company saw its shares rise over 9% on the day. The move came after the company reported better-than-expected first-quarter 2017 results. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up 17.6% in the past one-month time frame.

None of the estimates for this stock were revised in the last 30 days and 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.

Currently, Ferro Corporation carries a Zacks Rank #3 (Hold).

A better-ranked stock in the same industry is KMG Chemicals, Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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