Broadwind Energy (BWEN) Soars: Stock Adds 12.0% in Session – Tale of the Tape

May 1, 2014 Technicals 0

Zacks

Broadwind Energy, Inc. (BWEN) was a big mover last session, as the company saw its shares rise by almost 12% 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 $11.36 to $13.46 in the past one-month time frame.

This diversified machinery company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Broadwind Energy currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some stocks in the same industry looking equally good include Gorman-Rupp Co. (GRC), The Babcock & Wilcox Company (BWC) and Dover Corporation (DOV). While Gorman-Rupp and The Babcock & Wilcox Company hold a Zacks Rank #1 (Strong Buy), Dover Corporation carries a Zacks Rank #2 (Buy).

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