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STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Otter Tail Corporation (OTTR) Jumps: Stock Up 8.7% - Tale of the Tape

Zacks Equity Research
Updated

Otter Tail Corporation (OTTR) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The upside came after the company reported better-than-expected earnings of 36 cents per share for second-quarter 2015. The news led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $25.40 to $27.38 over the past one-month time frame.

None of the estimates for this stock were revised in the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Otter Tail carries a Zacks Rank #3 (Hold).

A better-ranked stock in the util-elec pwr industry is Enersis S.A. (ENI), sporting a Zacks Rank #1 (Strong Buy).

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OTTER TAIL CORP (OTTR): Free Stock Analysis Report
 
ENERSIS S A ADR (ENI): Free Stock Analysis Report
 
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Zacks Investment Research