Crane Co. (CR) in Focus: Stock Adds 10% in Session – Tale of the Tape

Zacks

Crane Co. (CR) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock is now up 27.28% since Jan 16.

The stock has witnessed three downward estimate revisions in the past 30 days. The Zacks Consensus Estimate has also moved down over 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.

Crane Co. carries a Zacks Rank #4 (Sell), while its Earnings ESP is 0.00%.

A better-ranked stock in the diversified machinery industry is Swire Pacific Limited (SWRAY), sporting a Zacks Rank #1 (Strong Buy).

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