FMC Corp. (FMC) in Focus: Stock Jumps 5.4% – Tale of the Tape

February 6, 2015 Technicals 0

Zacks

FMC Corp. (FMC) was a big mover last session, as the company saw its shares rise over 5% on the day. The upside came after the company posted a three-fold year-over-year surge in its fourth-quarter 2014 earnings. This led to far more shares changing hands than in a normal session resulting in solid volume. This also reverses the recent trend of the company, as the stock is now trading above the volatile price range of $55.72 to $59.46 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate however moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

FMC Corp. currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

A better-ranked stock in the same industry is Compass Minerals International Inc. (CMP), carrying a Zacks Rank #2 (Buy).

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