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Olin (OLN) in Focus: Stock Rises 7.8% - Tale of the Tape
) was a big mover last session, as the company saw its shares rise
by nearly 8% on the day. The move came on solid volume too with far
more shares changing hands than in a normal session. This continues
the recent uptrend for the company, as the stock is now up around
16% in the past one-month time frame.
This chemical and ammunition manufacturer has seen one negative revision in the last one month, while its Zacks Consensus Estimate remained unchanged over the same time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Olin Corp. currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
However, more favorably ranked stocks in the diversified chemicals industry include BASF SE ( BASFY ), Akzo Nobel NV ( AKZOY ) and Methanex Corporation ( MEOH ). While BASF and Akzo hold a Zacks Rank #2 (Buy), Methanex carries a Zacks Rank #1 (Strong Buy).
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OLIN CORP (OLN): Free Stock Analysis Report
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