Inventure Foods, Inc. (SNAK) was a big mover last session, as the company saw its shares rise over 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 $11.16 to $12.16 in the past one-month time frame.
Despite witnessing 1 negative estimate revision over the past 30 days, the company’s Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Inventure Foods currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Other better-ranked companies in the miscellaneous food stocks include Aramark (ARMK), Boulder Brands, Inc. (BDBD) and ConAgra Foods, Inc. (CAG). While Aramark sports a Zacks Rank #1 (Strong Buy), Boulder Brands and ConAgra Foods have a Zacks Rank #2 (Buy).
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