Broadwind Energy Falls: Stock Tanks 10.4% - Tale Of The Tape

Loading...
Loading...
Broadwind Energy, Inc. BWEN saw a big move last session, as the company's shares fell by over 10% on the day. The move came on pretty good 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 below the volatile price range of $10.76 to $11.91 in the past one-month time frame.

Although this slump was obviously disappointing, this energy and infrastructure services provider has seen 1 positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for BWEN. So make sure to keep an eye on this stock going forward to see if yesterday's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.

BWEN currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include Gorman-Rupp Co. GRC, Blount International Inc. BLT and Dover Corporation DOV. While Gorman-Rupp sports a Zacks #1 (Strong Buy), Blount and Dover carry 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 >>

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


BROADWIND ENRGY BWEN: Free Stock Analysis Report

GORMAN RUPP CO GRC: Free Stock Analysis Report

BLOUNT INTL BLT: Free Stock Analysis Report

DOVER CORP DOV: Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: MoversTrading Ideas
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!

Loading...