Price Action to Note: Could Luxfer Holdings PLC (ADR) Gain Strenght? The Stock Reaches Yearly Low

Price Action to Note: Could Luxfer Holdings PLC (ADR) Gain Strenght? The Stock Reaches Yearly Low

The stock of Luxfer Holdings PLC (ADR) (NYSE:LXFR) is a huge mover today! About 292,770 shares traded hands or 720.24% up from the average. Luxfer Holdings PLC (ADR) (NYSE:LXFR) has risen 11.25% since March 8, 2016 and is uptrending. It has outperformed by 1.93% the S&P500.
The move comes after 7 months negative chart setup for the $264.43M company. It was reported on Oct, 11 by Barchart.com. We have $8.71 PT which if reached, will make NYSE:LXFR worth $29.09 million less.

Analysts await Luxfer Holdings PLC (ADR) (NYSE:LXFR) to report earnings on November, 21. They expect $0.25 earnings per share, down 10.71% or $0.03 from last year’s $0.28 per share. LXFR’s profit will be $6.75M for 9.79 P/E if the $0.25 EPS becomes a reality. After $0.28 actual earnings per share 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 upgraded to overweight from sector weight at KeyBanc Capital” on December 14, 2011, also Nasdaq.com with their article: “Mid-Morning Market Update: Markets Open Lower; Alcoa Misses Q3 Views” published on October 11, 2016, Investorplace.com published: “12 Machinery Stocks to Buy Now” on September 28, 2016. More interesting news about Luxfer Holdings PLC (ADR) (NYSE:LXFR) were released by: Investorplace.com and their article: “8 Machinery Stocks to Sell Now” published on August 31, 2016 as well as Investorplace.com‘s news article titled: “6 Machinery Stocks to Sell Now” with publication date: August 24, 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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