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Ternium (TX) in Focus: Stock Moves 5.7% Higher

Zacks Equity Research
Updated
Netlist (NLST) to Report Q3 Earnings: What's in the Cards?
Netlist's (NLST) product launches and strategies to gain traction in the server market and bolster its near-term performance further.

Ternium S.A. TX was a big mover last session, as the company saw its shares rise nearly 6% 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 $25.57 –$30.40 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Ternium. 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.

Ternium currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Ternium S.A. Price

Ternium S.A. Price | Ternium S.A. Quote

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A better-ranked stock in the Steel – Producers industry is EVRAZ plc EVRZF, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Best Electric Car Stock? You'll Never Guess It.

Zacks Research has released a report that may shock many investors. One stock stands out as the best way to invest in the surge to electric cars. And it's not the one you may think!

Much like petroleum 150 years ago, lithium battery power is set to shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, revenues that were already at $31 billion in 2016 are expected to blast to over $67 billion by the end of 2022.

See Zacks Best EV Stock Free >>



 


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Ternium S.A. (TX) : Free Stock Analysis Report
 
EVRAZ PLC (EVRZF) : Free Stock Analysis Report
 
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Zacks Investment Research