Noteworthy Price Action: Luxfer Holdings PLC (ADR) Can’t Burn Your Short Portfolio. Has Another Weak Session

Noteworthy Price Action: Luxfer Holdings PLC (ADR) Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of Luxfer Holdings PLC (ADR) (NYSE:LXFR) is a huge mover today! The stock decreased 2.03% or $0.24 on September 30, hitting $11.59. About 52,274 shares traded hands or 51.11% up from the average. Luxfer Holdings PLC (ADR) (NYSE:LXFR) has risen 11.44% since February 29, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.
The move comes after 7 months negative chart setup for the $313.29M company. It was reported on Oct, 1 by Barchart.com. We have $10.32 PT which if reached, will make NYSE:LXFR worth $34.46M less.

Analysts await Luxfer Holdings PLC (ADR) (NYSE:LXFR) to report earnings on November, 21. They expect $0.25 EPS, down 10.71% or $0.03 from last year’s $0.28 per share. LXFR’s profit will be $6.76M for 11.59 P/E if the $0.25 EPS becomes a reality. After $0.28 actual EPS reported by Luxfer Holdings PLC (ADR) for the previous quarter, Wall Street now forecasts -10.71% negative EPS growth.

According to Zacks Investment Research, “Luxfer Holdings PLC is a materials technology company specialising in the design, manufacture and supply of high-performance materials, components and gas cylinders. The company had two divisions, Elektron and Gas Cylinders. The Elektron division focuses on speciality materials based on magnesium, zirconium and rare earths. The Gas Cylinders division manufactures products made from aluminium, composites and other metals using technically advanced processes. Luxfer also offers recycling services and magnesium powders throughout global networks. It operates manufacturing plants in various countries, which include the United Kingdom, the United States, France, Czech Republic, Canada and China. Luxfer Holdings PLC is based in Salford, the United Kingdom.”

More notable recent Luxfer Holdings PLC (ADR) (NYSE:LXFR) news were published by: Marketwatch.com which released: “Luxfer Holdings PLC ADR” on December 14, 2011, also Investorplace.com with their article: “12 Machinery Stocks to Buy Now” published on September 28, 2016, Investorplace.com published: “8 Machinery Stocks to Sell Now” on August 31, 2016. More interesting news about Luxfer Holdings PLC (ADR) (NYSE:LXFR) were released by: Investorplace.com and their article: “6 Machinery Stocks to Sell Now” published on August 24, 2016 as well as Investorplace.com‘s news article titled: “4 Machinery Stocks to Buy Now” with publication date: June 29, 2016.

LXFR Company Profile

Luxfer Holdings PLC, incorporated on December 31, 1998, is a holding company. The Firm is a global materials technology firm specializing in the design, manufacture and supply of materials, components and high-pressure gas-containment devices for healthcare, environmental, protection and specialty end-markets. The Firm operates through two divisions: Elektron division and Gas Cylinders division. The Firm focuses on areas, including chemical and metallurgical properties of aluminum, magnesium, zirconium, rare earths and carbon composites. The Firm has over 20 manufacturing plants in the United Kingdom, the United States, Canada, France, Germany, the Czech Republic and China.

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