U.S. Markets open in 8 hrs 44 mins

Keane Group (FRAC) in Focus: Stock Moves 7% Higher

Zacks Equity Research

Keane Group, Inc. FRAC 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 16.9% in the past one-month time frame.

The upmove came after the company has entered into all-stock merger agreement with C&J Energy Services.

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.

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

Keane Group, Inc. Price

Keane Group, Inc. Price

Keane Group, Inc. price | Keane Group, Inc. Quote

Investors interested in the Oil and Gas – Integrated – United States industry may consider Equitrans Midstream Corporation ETRN, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Breakout Biotech Stocks with Triple-Digit Profit Potential
 
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.
 
See these 7 breakthrough stocks now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Keane Group, Inc. (FRAC) : Free Stock Analysis Report
 
Equitrans Midstream Corporation (ETRN) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research