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BioAmber (BIOA) Soars: Stock Adds 16.7% in Session

Zacks Equity Research

BioAmber Inc. (BIOA) was a big mover last session, as the company saw its shares rise over nearly 17% on the day. The move came on solid 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 above the volatile price range of $9.63 to $10.69 in the past one-month time frame.

The company has seen no estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. 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.

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

Other better-ranked stocks in the specialty chemical industry include KMG Chemicals Inc. (KMG), Minerals Technologies Inc. (MTX) and NL Industries Inc. (NL). All these stocks sport a Zacks Rank #1 (Strong Buy).

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BIOAMBER INC (BIOA): Free Stock Analysis Report

KMG CHEMICALS INC (KMG): Free Stock Analysis Report

MINERALS TECH INC (MTX): Free Stock Analysis Report

NL INDS INC (NL): Free Stock Analysis Report

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