Ingevity Corporation (NGVT - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $55.74 –$61.40 in the past one-month time frame, showed a sharp increase yesterday.
The company has seen a mixed track record when it comes to estimate revisions of three increases and two decreases over the past one month, while the Zacks Consensus Estimate for the current quarter has moved higher in the same time period. The recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.
Ingevity Corporation currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the Chemical - Specialty industry is Kraton Corporation (KRA - Free Report) , which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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