Schnitzer Steel Industries (SCHN) Jumps: Stock Rises 5.9% - Tale of the Tape - Universal Stainless (NASDAQ:USAP)

Schnitzer Steel Industries, Inc. SCHN was a big mover last session, as the company saw its shares rise by almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained over 3% since Jun 3.

This steel producer has seen one positive & two negative estimate revisions over the past 30 days and its Zacks Consensus Estimate has moved down over the same time frame, 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.

Schnitzer Steel Industries has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the same industry include Universal Stainless & Alloy Products Inc. USAP, ThyssenKrupp AG (TYEKF) and Grupo Simec S.A.B. de C.V. SIM. While Universal Stainless & Alloy Products holds a Zacks Rank #1 (Strong Buy), ThyssenKrupp AG and Grupo Simec S.A.B. de C.V. carry a Zacks Rank #2 (Buy).

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SCHNITZER STEEL SCHN: Free Stock Analysis Report

UNVL STAINLESS USAP: Free Stock Analysis Report

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