AmeriGas Partners, L.P. (APU - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $34.36 –$38.21 in the past one-month time frame, witnessed a sharp increase on Friday.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for AmeriGas Partners. So, make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
AmeriGas Partners currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
AmeriGas Partners, L.P. Price
Investors interested in the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry may consider CrossAmerica Partners LP (CAPL - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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