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KLX Inc. (KLXI) Soars: Stock Adds 9.4% in Session


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KLX Inc. KLXI was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $53.52 to $55.79 in the past one-month time frame.

The move came after the company reported solid third-quarter 2017 results.

The company has seen a flat track record when it comes to estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

KLX Inc. Price

KLX Inc. Price | KLX Inc. Quote

KLX Inc.  currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Aerospace  sector is Curtiss-Wright Corporation CW , which currently carries a Zacks Rank #1 (Strong Buy). You can see  the complete list of today's Zacks #1 Rank stocks here .

Is KLXI going up? Or down? Predict to see what others think: Up or Down

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Curtiss-Wright Corporation (CW): Free Stock Analysis Report

KLX Inc. (KLXI): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: CW , KLXI


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