Rock-Tenn Company (RKT) was a big mover last session, as the company saw its shares rise more than 6% on the day.  Shares moved up after Rock-Tenn announced its decision to acquire MeadWestvaco Corp. (MWV). This led to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 12.58% since Jan 7.

This paper and related products stock witnessed three positive estimate revisions and one negative estimate revision in the past 30 days. The Zacks Consensus Estimate moved up over the same time frame, suggesting that more solid trading could be ahead for Rock-Tenn Company. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Rock-Tenn Company carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.

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ROCK-TENN CO (RKT): Free Stock Analysis Report
 
MEADWESTVACO CP (MWV): Free Stock Analysis Report
 
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