Allegheny Technologies Incorporated (ATI - Free Report) was a big mover last session, as the company saw its shares rise more than 6% 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 $21.21 –$25.13 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen one positive estimate revision in the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Allegheny Technologies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Investors interested in the Basic Materials sector may consider a better-ranked stock like Arconic Inc. (ARNC - Free Report) , which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ATI going up? Or down? Predict to see what others think:Up or Down
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Allegheny Technologies (ATI) Catches Eye: Stock Jumps 6.3%
Allegheny Technologies Incorporated (ATI - Free Report) was a big mover last session, as the company saw its shares rise more than 6% 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 $21.21 –$25.13 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen one positive estimate revision in the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Allegheny Technologies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Allegheny Technologies Incorporated Price
Allegheny Technologies Incorporated Price | Allegheny Technologies Incorporated Quote
Investors interested in the Basic Materials sector may consider a better-ranked stock like Arconic Inc. (ARNC - Free Report) , which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ATI going up? Or down? Predict to see what others think:Up or Down
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>