Otter Tail Corp. (OTTR) was a big mover last session, as the company saw its shares rise over 8% 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 of the company, as the stock is now trading above the volatile price range of $27.06 to $28.67 in the past one-month time frame.
The company has seen one positive revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Otter Tail. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.
Otter Tail currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Investors interested in the diversified utilities industry can also consider Korea Electric Power Corp. (KEP), Brookfield Infrastructure Partners L.P. (BIP) and El Paso Electric Co. (EE). While Korea Electric Power sports a Zacks Rank #1 (Strong Buy), Brookfield Infrastructure Partners and El Paso Electric carry a Zacks Rank #2 (Buy).
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OTTER TAIL CP (OTTR): Free Stock Analysis Report
KOREA ELECTRIC POWER CORP (KEP): Free Stock Analysis Report
BROOKFIELD INFRASTRUCTURE PARTNE (BIP): Free Stock Analysis Report
(EE): Free Stock Analysis Report
Zacks Investment Research
Otter Tail (OTTR) Jumps: Stock Rises 8.4%
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