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