Rentech (RTK) Soars: Stock Adds 10.4% in Session
Rentech, Inc. (RTK) was a big mover last session, as the company saw its shares rise over 10% 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 $1.75 to $1.97 in the past one-month time frame.
The company has seen two positive revisions in the past few weeks while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Rentech. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Rentech currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some other stocks worth consideration in the oils-energy sector include Canadian Solar Inc. (CSIQ), Exterran Holdings, Inc. (EXH) and Helmerich & Payne, Inc. (HP). All of these sport a Zacks Rank #1 (Strong Buy).
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RENTECH INC (RTK): Free Stock Analysis Report
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HELMERICH & PAYNE INC (HP): Free Stock Analysis Report
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