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Commercial Vehicle (CVGI) Looks Good: Stock Moves 9% Higher

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Commercial Vehicle Group, Inc. (CVGI - Free Report) was a big mover last session, as the company saw its shares rise up to 9% on the day. The upside was driven by the company’s improved the first-quarter 2017 results. Also, this led to 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 $6.95 to $9.28 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.

Commercial Vehicle currently sports a Zacks Rank #1 (Strong Buy).

Commercial Vehicle Group, Inc. Price

 

Another top-ranked stock in the Automotive – Original Equipment industry is Adient plc (ADNT - Free Report) holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CVGI going up? Or down? Predict to see what others think: Up or Down

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