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McDermott (MDR) in Focus: Stock Moves 5.8% Higher
McDermott International, Inc. was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 19.3% in the past one-month time frame.
The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
McDermott currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
McDermott International, Inc. Price
McDermott International, Inc. Price | McDermott International, Inc. Quote
A better-ranked stock in the Oil and Gas - Mechanical and Equipment industry is Exterran Corporation , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is MDR going up? Or down? Predict to see what others think: Up or Down
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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