Douglas Dynamics, Inc. (PLOW) was a big mover last session, as the company saw its shares rise roughly 13% on the day. The upside came on the company’s announcement of solid second-quarter 2015 results and improved guidance on Monday. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $20.16–$21.27 in the past one-month time frame.
In the last 30 days, the company has seen one upward estimate revision and the Zacks Consensus Estimate also moved higher, suggesting that more solid trading could be ahead for Douglas Dynamics. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Douglas Dynamics holds a Zacks Rank #2 (Buy).
Another favorably-placed stock from the auto industry is Ford Motor Co. (F), which holds the same Zacks Rank as Douglas Dynamics.
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