Broadwind Energy, Inc. (BWEN) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $9.58–$10.82 in the past one-month time frame.
This MACH-GENL INDL stock witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Broadwind Energy. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Broadwind Energy has a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
However, some of the better-ranked stocks in the sector include Kadant Inc. (KAI), Middleby Corp. (MIDD) and Altra Industrial Motion Corp. (AIMC). While Kadant Inc. and Middleby Corp. sport a Zacks Rank #1 (Strong Buy), Altra Industrial Motion Corp holds a Zacks Rank #2 (Buy).
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