Alexco Resource (AXU) Catches Eye: Stock Up 5.5% - Tale of the Tape

Alexco Resource Corporation AXU was a big mover last session, as the company saw its shares rise more than 5% 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 $1.84 to $2.09 in the past one-month time frame.

The company has seen no revisions over the past 30 days and the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Alexco currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the broader basic material industry include Resolute Forest Products Inc. RFP, Clearwater Paper Corporation CLW and Fibria Celulose SA FBR. While Resolute Forest Products sports a Zacks Rank #1 (Strong Buy), Clearwater Paper and Fibria Celulose have a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


 
ALEXCO RESOURCE AXU: Free Stock Analysis Report
 
CLEARWATER PAPR CLW: Free Stock Analysis Report
 
FIBRIA CELULOSE FBR: Free Stock Analysis Report
 
RESOLUTE FOREST RFP: Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!