Sutor Technology jumps on doubling of Q3 EPS, beats sole estimate
Shares of Sutor Technology Group Ltd. (Nasdaq:SUTR) are leaping in pre-market trading after the provider of steel finishing fabrication products in China, reported fiscal third-quarter earnings after Thursday’s close that doubled from the year-ago quarter and trumped the sole analyst’s estimate on Wall Street.
Shares jumped 19%, or $1.35, to $8.35 in pre-market trading. For detailed price information and recent news stories about Sutor Technology, click SUTR.
