Chicago Bridge & Iron (CBI) in Focus: Stock Jumps 5.2% – Tale of the Tape

February 3, 2015 Technicals 0

Zacks

Chicago Bridge & Iron Company N.V. (CBI) 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 reverses the recent trend for the company as the stock is now down 9.95% since Jan 21, 2015.

The company has seen one negative revision in the past seven days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Chicago Bridge & Iron Company currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is Dycom Industries Inc. (DY), sporting a Zacks Rank #1 (Strong Buy).

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