The Gorman-Rupp Company GRC was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too 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 $26.99 to $29.90 in the past one-month time frame.
The company has not any estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Gorman-Rupp currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another stock worth considering in the Manufacturing – General Industrial industry is Kadant Inc. KAI which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is GRC going up? Or down? Predict to see what others think: Up or Down
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