Lufkin Industries Closed At New High For Year Wednesday

Lufkin Industries Inc. (LUFK) reported third quarter EPS of $0.34 Wednesday morning, which topped the consensus estimate of $0.20.

Lufkin Industries Inc. gapped up slightly Wednesday and climbed for the majority of the session on the highest volume in 6 months. Shares finished up by $6.89 at $62.93 and closed at a new high for the year.

by RTTNews Staff Writer

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