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UFP Technologies (UFPT) Catches Eye: Stock Jumps 5.3%

UFP Technologies, Inc. UFPT was a big mover last session, as the company saw its shares rise above 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $21.39–$22.98 in the past one-month time frame.

In the last 30 days, the company has seen one downward estimate revision and the Zacks Consensus Estimate also moved lower, 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.      
UFP Technologies currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked Containers-Paper/Plastic stock is Sealed Air Corporation SEE, which sports a Zacks Rank #1 (Strong Buy).

Is UFPT 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
 
SEALED AIR CORP (SEE): Free Stock Analysis Report
 
UFP TECH INC (UFPT): Free Stock Analysis Report
 
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