Kimbell Royalty (KRP) Crossed Above the 200-Day Moving Average: What That Means for Investors

Investors should think about putting KRP on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions. Shares of KRP have been moving higher over the past four weeks, up 5.8%. Plus, the company is currently a Zacks Rank #2 (Buy) stock, suggesting that KRP could be poised for a continued surge. The bullish case solidifies once investors consider KRP's positive earnings estimate revisions. No estimate has gone lower in the past two months for the current fi ...