Worthington Industries, Inc. (WOR) was a big mover last session, as the company saw its shares rise more than 7% on the day. The upside came after the company reported profit of 44 cents per share in fourth-quarter fiscal 2015. The news led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $26.75 to $28.49 over the past one-month time frame.
The stock has witnessed two downward estimate revisions in the past 30 days. The Zacks Consensus Estimate, however, has moved up over the same time frame, suggesting that more solid trading could be ahead for Worthington Industries. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.
Worthington Industries carries a Zacks Rank #4 (Sell).
A better-ranked stock in the steel & iron industry is Global Brass and Copper Holdings, Inc. (BRSS ), carrying a Zacks Rank #2 (Buy).
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