World Point Terminals (WPT) Looks Good: Stock Rises 7.4%
World Point Terminals, LP WPT was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down nearly 0.9% in the past one-month time frame.
The company has seen one negative estimate revision in the last 30 days and the Zacks Consensus Estimate also moved lower suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
Currently, World Point Terminals carries a Zacks Rank #5 (Strong Sell).
World Point Terminals, LP Price
World Point Terminals, LP Price | World Point Terminals, LP Quote
A better-ranked stock in the same industry is W&T Offshore, Inc. WTI, carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is WTI going up? Or down? Predict to see what others think: Up or Down
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