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Arc Logistics Partners (ARCX) Jumps: Stock Rises 7.5%

Arc Logistics Partners LP ARCX was a big mover last session, as the partnership saw its units rise above 7% on the day. The move came on solid volume with far more units changing hands than in a normal session. This continues the recent uptrend for the partnership since Apr 8, as the stock is now up 25.2% in the past one-month time frame.

In the last 30 days, the partnership has seen no estimate revision, while the Zacks Consensus Estimate moved higher, suggesting that more solid trading could be ahead for Arc Logistics Partners. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.      

Arc Logistics Partners currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

A better-ranked Oil Production/Pipeline stock is Holly Energy Partners L.P HEP, which sports a Zacks Rank #1 (Strong Buy).

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

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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
 
ARC LOGISTICS (ARCX): Free Stock Analysis Report
 
HOLLY EGY PTNRS (HEP): Free Stock Analysis Report
 
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