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Equitrans Midstream (ETRN) Catches Eye: Stock Jumps 5.5%

Equitrans Midstream Corporation ETRN was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $9.24–$11.12 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Equitrans Midstream currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Equitrans Midstream Corporation Price

Equitrans Midstream Corporation Price
Equitrans Midstream Corporation Price

Equitrans Midstream Corporation price | Equitrans Midstream Corporation Quote

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Investors interested in the Oil and Gas - Integrated - United States industry may consider Antero Midstream Corporation AM, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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