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Astec Industries Inc. (ASTE) Has Risen Past Resistance After Q4 Report

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2/21/2012 9:50 AM ET

Astec Industries Inc. (ASTE: Quote) reported fourth quarter adjusted EPS of $0.41 Tuesday morning, which topped the consensus estimate of $0.39.

Shares of Astec Industries gapped open higher Tuesday and have continued to rise on above average volume. The stock is now up 3.93 at $40.39 and has broken out to a new high for the year.

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by RTT Staff Writer

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