Continental Building Products, Inc. (CBPX) was a big mover last session, as the company saw its shares rise over 8% on the day. The upside came on the back of an upgraded recommendation of the stock by RBC Capital Mkts. The news led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 17.84% in the past one-month time frame.
None of the estimates for this miscellaneous building and construction stock were revised over the past seven days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Continental Building Products currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Another favorably-placed stock in the same industry is Quanex Building Products Corporation (NX), sporting a Zacks Rank #1 (Strong Buy).
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CONTL BLDG PRD (CBPX): Free Stock Analysis Report
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