Noranda Aluminum Holding Corp. (NOR) in Focus: Stock Adds 6.6% in Session
Noranda Aluminum Holding Corp. (NOR) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 25.76 % in the past one-month time frame.
The company has seen one negative and one positive estimate revisions in the past 30 days, while the Zacks Consensus Estimate has moved lower over the same time frame, 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.
Noranda Aluminum currently has a Zacks Rank #4 (Sell) with a positive Earnings ESP.
Some better-ranked stocks in the wider basic materials sector include Alliance Resource Partners LP (ARLP), Hi-Crush Partners LP (HCLP) and U.S. Silica Holdings, Inc. (SLCA). While Alliance Resource Partners and Hi-Crush Partners sport a Zacks Rank #1 (Strong Buy), U.S. Silica Holdings carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
NORANDA ALUMINUM HOLDINGS CORP (NOR): Free Stock Analysis Report
ALLIANCE RESOURCE PARTNERS LP (ARLP): Free Stock Analysis Report
HI CRUSH PARTNERS LP (HCLP): Free Stock Analysis Report
US SILICA HOLDINGS INC (SLCA): Free Stock Analysis Report
Zacks Investment Research