KMG Chemicals, Inc. KMG was a big mover last session, as the company saw its shares rise over 14% on the day. The move came after the company reported better-than-expected second-quarter fiscal 2017 results. This also led to 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 $36.65 to $38.84 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
KMG Chemicals currently sports a Zacks Rank #1 (Strong Buy).
KMG Chemicals, Inc. Price
KMG Chemicals, Inc. Price | KMG Chemicals, Inc. Quote
Another similarly-ranked stock in the same industry is Valvoline Inc. VVV. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is KMG going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research. It's not the one you think. See This Ticker Free >>
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
KMG Chemicals, Inc. (KMG): Free Stock Analysis Report
Valvoline Inc. (VVV): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research