Forbes Energy Services Ltd. (FES) was a big mover last session, as the company saw its shares rise over 11% 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 flattish trend of $3.78 to $4.03 in the past one-month time frame.
In the last 7 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Forbes Energy Services currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some other stocks worth considering in the sector include NN Inc. (NNBR), NSK Ltd. (NPSKY) and Precision Castparts Corp. (PCP). While NN holds a Zacks Rank #1 (Strong Buy), NSK and Precision Castparts carry a Zacks Rank #2 (Buy).
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