Worthington Industries, Inc. WOR was a big mover last session, as the company saw its shares rise over 8% on the day. The move came after Mark Russell, president and COO, was appointed as the interim president of the Pressure Cylinders business. This led to far more shares changing hands than in a normal session. The stock picked up from the volatile price range of $26.41 to $30.47 in the past one-month time frame.
The company has seen no estimate revisions in the past 30 days, while its Zacks Consensus Estimate 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 Friday’s move higher can last.
Worthington Industries currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the same space is Forbes Energy Services Ltd. FES with a Zacks Rank #2 (Buy).
Is WOR going up? Or down? Predict to see what others think: Up or Down
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