Kraton Performance Polymers Inc. KRA was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume 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 $Array3.67–$Array7.Array5 in the past one-month time frame.
In the last 30 days, the company has seen one downward estimate revision, while the Zacks Consensus Estimate also moved lower, 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.
Kraton Performance Polymers currently sports a Zacks Rank #Array (Strong Buy).
Another well-placed stock from the broader basic materials sector is Great Panther Silver Ltd GPL, which holds a Zacks Rank #2 (Buy).
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