Freshpet (FRPT) Shows Strength: Stock Moves 7.1% Higher

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Freshpet, Inc. FRPT was a big mover last session, as the company saw its shares rise a little above 7% 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 for the company as the stock is now trading above the volatile price range of $13.70 to $16.00 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
 
Freshpet currently carries a Zacks Rank #3 (Hold).

Freshpet, Inc. Price

 

A better-ranked stock in the Food – Miscellaneous industry is MGP Ingredients, Inc. MGPI, which holds a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

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