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Avery Dennison (AVY) Soars: Stock Adds 11.1% in Session


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Avery Dennison CorporationAVY was a big mover last session, as the company saw its shares rise more than 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $100.2 to $104.5 in the past one month time frame.

The move came after the company reported solid second-quarter 2018 results.

The company has seen no negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also remained unchanged over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Avery Dennison currently has a Zacks Rank #4 (Sell) while its Earnings ESP 0.00%.

Avery Dennison Corporation Price

Avery Dennison Corporation Price | Avery Dennison Corporation Quote



A better-ranked stock in the Industrial Product sector is Reliance Steel & Aluminum Co. RS , which currently carries a Zacks Rank #1 (Strong Buy). You can see  the complete list of today's Zacks #1 Rank stocks here .

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

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Reliance Steel & Aluminum Co. (RS): Free Stock Analysis Report

Avery Dennison Corporation (AVY): Free Stock Analysis 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 Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: RS , AVY



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