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Platform Specialty (PAH) Looks Good: Stock Adds 5.6% in Session

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Platform Specialty Products Corporation (PAH - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up 17.6% in the past one-month time frame.

The move came after the company announced an encouraging preliminary guidance for 2018.

The company has not seen any estimate revisions in the past one month, while its Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Platform Specialty currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Investors interested in the Chemical - Specialty industry may consider a better-ranked stock like Daqo New Energy Corp. (DQ - Free Report) , which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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