Calgon Carbon (CCC) in Focus: Stock Tumbles 8.1%

Zacks

Calgon Carbon Corporation (CCC) saw a big move last session, as the company’s shares fell more than 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $19.64 to $21.01 in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.   

CCC currently has a Zacks Rank #4 (Sell) while its Earnings ESP is zero.

Some better-ranked stocks in the Industrial goods sector include Heritage-Crystal Clean, Inc (HCCI), Pure Cycle Corporation (PCYO) and Tetra Tech Inc. (TTEK). All these stocks carry a Zacks Rank #2 (Buy).

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CALGON CARBON CORP (CCC): Free Stock Analysis Report

(HCII): Free Stock Analysis Report

PURE CYCLE CP (PCYO): Free Stock Analysis Report

TETRA TECH INC (TTEK): Free Stock Analysis Report


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