Stock Worth Watching: What’s in AVX Corporation After Today’s Big Increase?

Stock Worth Watching: What's in AVX Corporation After Today's Big Increase?

The stock of AVX Corporation (NYSE:AVX) is a huge mover today! About 45,031 shares traded hands. AVX Corporation (NYSE:AVX) has risen 14.72% since April 27, 2016 and is uptrending. It has outperformed by 9.49% the S&P500.
The move comes after 7 months positive chart setup for the $2.54B company. It was reported on Nov, 30 by Barchart.com. We have $16.17 PT which if reached, will make NYSE:AVX worth $152.40 million more.

Analysts await AVX Corporation (NYSE:AVX) to report earnings on March, 17. They expect $-0.72 EPS, up 60.44% or $1.10 from last year’s $-1.82 per share. After $-0.87 actual EPS reported by AVX Corporation for the previous quarter, Wall Street now forecasts -17.24% EPS growth.

According to Zacks Investment Research, “AveXis, Inc. is a gene therapy company which develops and commercializes treatments for neurological genetic diseases primarily in United States. The Company’s product candidate consists of AVXS-101 which is in clinical trial for the treatment of spinal muscular atrophy Type 1, the genetic cause of infant mortality. AveXis, Inc. is headquartered in Bannockburn, Illinois.”

More important recent AVX Corporation (NYSE:AVX) news were published by: Businesswire.com which released: “AVX Corporation Schedules Second Quarter Earnings Conference Call” on October 07, 2016, also Businesswire.com published article titled: “AVX Corporation Announces Preliminary Second Quarter Results”, Nasdaq.com published: “AVX Corporation (AVX) Ex-Dividend Date Scheduled for November 03, 2016” on November 02, 2016. More interesting news about AVX Corporation (NYSE:AVX) was released by: Reuters.com and their article: “BRIEF-AVX Corp Q2 earnings per share $0.15” with publication date: October 26, 2016.

AVX Company Profile

AVX Corporation (AVX), incorporated on October 19, 1989, is a maker and supplier and reseller of a line of passive electronic components, interconnect devices and related products. AVX operates in three divisions: Passive Components, Kyocera Electronic Devices (KED Resale) and Interconnect. Various types of electronic devices use AVX’s passive component products to store, filter or regulate electric energy. The Company’s passive electronic component products include ceramic and tantalum capacitors, film capacitors, filters and other components manufactured in its facilities throughout the world, and passive components manufactured by Kyocera Corporation of Japan (Kyocera). It also makes and sells electronic connectors and inter-connect systems, and distributes and sells certain electronic connectors manufactured by Kyocera. It is organized by product line with approximately five product groups.

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