The Clorox CompanyCLX was a big mover last session, as the company saw its shares rise nearly 6% 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 $145.65 to $154.88 in the past one-month time frame.
The move came after the company reported better-than-expected second-quarter fiscal 2019 (ended Dec 31,2018) results.
The company has seen a mixed track record when it comes to estimate revisions of two increases and two decreases over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Clorox currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
The Clorox Company Price
The Clorox Company Price | The Clorox Company Quote
Investors interested in the Soap and Cleaning Materials industry may consider Unilever N.V. UN , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
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