Koppers Holdings Inc. (KOP) saw a big move last session, as the company’s shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session.

This stock, trading at a volatile range of $18.16–$21.57 in the past one-month time frame, showed a sharp decline yesterday at $18.45.

Though Koppers Holdings has seen no positive revision but its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for KOP. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
 
KOP currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is positive.

Investors interested in the basic materials sector may consider better-ranked stock like Stepan Company (SCL), which carries a Zacks Rank #2 (Buy).
 
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KOPPERS HOLDNGS (KOP): Free Stock Analysis Report
 
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