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Rexnord (RXN) Surges: Stock Moves 5.7% Higher

Zacks Equity Research

Rexnord Corporation RXN 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 stock, which remained volatile and traded within the range of $19.34 –$25.82 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease 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.

Rexnord currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Rexnord Corporation Price

Rexnord Corporation Price
Rexnord Corporation Price

Rexnord Corporation price | Rexnord Corporation Quote

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Zacks Investment Research