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Ultrapar Holdings (UGP) Catches Eye: Stock Jumps 8.5%

Zacks Equity Research

Ultrapar Holdings Inc. (UGP) was a big mover last session, as the company saw its shares rise by over 8% 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 11.7% in the past one-month time frame.

The company has seen one negative revision in the past month, while its Zacks Consensus Estimate 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.

Ultrapar Holdings currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked basic materials stocks include Tallgrass Energy Partners, LP (TEP), Cheniere Energy Partners LP Holdings, LLC (CQH) and Niska Gas Storage Partners LLC (NKA). While Tallgrass Energy Partners carries a Zacks Rank #1 (Strong Buy), Cheniere Energy Partners and Niska Gas Storage Partners hold a Zacks Rank #2 (Buy).

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ULTRAPAR PARTICIPACOES SA (UGP): Free Stock Analysis Report

TALLGRASS ENERGY PARTNERS LP (TEP): Free Stock Analysis Report

CHENIERE ENERGY PARTNERS LP HOLD (CQH): Free Stock Analysis Report

NISKA GAS STORAGE PARTNERS LLC (NKA): Free Stock Analysis Report


Zacks Investment Research