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Global Partners (GLP) Catches Eye: Stock Jumps 7.5%

Zacks Equity Research

Global Partners LP GLP was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 10.9% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Global Partners LP Price

Global Partners LP Price | Global Partners LP Quote

Investors interested in the Oil and Gas – Refining and Marketing – Master Limited Partnerships industry may consider CrossAmerica Partners LP CAPL, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is GLP going up? Or down? Predict to see what others think:Up or Down

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