Shiloh Industries (SHLO) in Focus: Stock Moves 5.2% Higher – Tale of the Tape

December 4, 2013 Technicals 0

Zacks

Shiloh Industries Inc. (SHLO) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up roughly 26% in the past one-month time frame.

This steel producer has seen no estimate revisions over the past 30 days and the Zacks Consensus Estimate has remained unchanged over the same timeframe. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Some better-ranked consumer goods stocks include Companhia Siderurgica Nacional (SID), Belo Corp. (BLC) and United States Steel Corp. (X). While Companhia Siderurgica Nacional and Belo Corp. hold a Zacks Rank #1 (Strong Buy), United States Steel Corp. carries a Zacks Rank #2 (Buy).

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