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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