Weakness Seen in Elizabeth Arden (RDEN): Stock Plunges 23.3% - Tale of the Tape

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Elizabeth Arden, Inc. ( RDEN ) saw a big move last session, as the company's shares fell by over 23% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for RDEN, as the stock is now down over 28% since Aug 5, 2014.

The cosmetic company has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

RDEN currently has a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the same sector include Fresh Del Monte Produce Inc. ( FDP ), Sanderson Farms, Inc. ( SAFM ) and Kao Corporation ( KCRPY ). All these stocks hold a Zacks Rank #1 (Strong Buy).

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ELIZABETH ARDEN (RDEN): Free Stock Analysis Report

SANDERSON FARMS (SAFM): Free Stock Analysis Report

FRESH DEL MONTE (FDP): Free Stock Analysis Report

KAO CORP ADR (KCRPY): Get Free Report

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



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: RDEN , SAFM , FDP , KCRPY

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As of 10/24/2014, 04:15 PM

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