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MGP Ingredients (MGPI) in Focus: Stock Moves 6.2% Higher
MGP Ingredients, Inc. (MGPI - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $75.91-$86.65 in the past one-month time frame, showed a sharp increase yesterday.
The stock was driven after the company is slated to join the S&P SmallCap 600 index.
The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
MGP Ingredients currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
MGP Ingredients, Inc. Price
MGP Ingredients, Inc. Price | MGP Ingredients, Inc. Quote
A better-ranked stock in the Food - Miscellaneous industry is Post Holdings, Inc. (POST - Free Report) , which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is MGPI going up? Or down? Predict to see what others think: Up or Down
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