Today’s Price Action: Australian Foundation Investment Co.Ltd. Has Another Very Weak Trading Session

Today's Price Action: Australian Foundation Investment Co.Ltd. Has Another Very Weak Trading Session

The stock of Australian Foundation Investment Co.Ltd. (ASX:AFI) is a huge mover today! The stock increased 0.35% or $0.02 on November 30, hitting $5.75. About 163,309 shares traded hands. Australian Foundation Investment Co.Ltd. (ASX:AFI) has risen 3.06% since April 22, 2016 and is uptrending. It has underperformed by 2.17% the S&P500.
The move comes after 7 months negative chart setup for the $6.54 billion company. It was reported on Nov, 30 by Barchart.com. We have $5.23 PT which if reached, will make ASX:AFI worth $588.60M less.

Analysts await Australian Foundation Investment Co.Ltd. (ASX:AFI) to report earnings on February, 9. After $0.39 actual earnings per share reported by Australian Foundation Investment Co.Ltd. for the previous quarter, Wall Street now forecasts -143.59% negative EPS growth.

According to Zacks Investment Research, “Armstrong Flooring, Inc. is engaged in the design and manufacture of flooring solutions primarily in North America. Armstrong Flooring, Inc. is headquatered in Lancaster, Pa.”

More notable recent Australian Foundation Investment Co.Ltd. (ASX:AFI) news were published by: Fool.com.Au which released: “Should you buy Australian Foundation Investment Co Ltd?” on September 11, 2015, also Fool.com.Au with their article: “Is Australian Foundation Investment Co.Ltd your best bet for steady dividend …” published on November 05, 2015, Fool.com.Au published: “The Top 10 best performing Listed Investment Companies in the past decade” on August 31, 2016. More interesting news about Australian Foundation Investment Co.Ltd. (ASX:AFI) were released by: Fool.com.Au and their article: “The ASX’s best 3 listed investment companies” published on March 12, 2014 as well as Fool.com.Au‘s news article titled: “2 hot share picks from a top fund manager” with publication date: February 21, 2016.

AFI Company Profile

Armstrong Flooring, Inc. is engaged in the designing and manufacturing of flooring solutions that inspire spaces where people live, work, learn, heal and play. The Firm makes resilient and wood flooring products across North America. The Firm safely and responsibly operates approximately 18 manufacturing facilities in three countries. The Company’s headquarters is located in Lancaster, Pennsylvania.

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