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Stantec (STN) Surges: Stock Moves 5.7% Higher

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Moving Average Crossover Alert: MidWestOne Financial Group (MOFG)

MidWestOne Financial Group (MOFG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front

Stantec Inc. STN was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $24.26 to $25.45 in the past one month time frame.

The move came after the company reported that it has agreed to divest its construction division, MWH Constructors.

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

Stantec currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.  

Stantec Inc. Price

Stantec Inc. Price | Stantec Inc. Quote

A better-ranked stock in the Consulting Services industry is Exponent, Inc. EXPO, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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