Axiall Corporation (AXLL) was a big mover last session, as the company saw its shares rise by over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up nearly 28% in the past one-month time frame.
Despite three positive and negative revisions over the last 30 days, the company’s Zacks Consensus Estimate has moved up. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Axiall currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the diversified chemical industry is Methanex Corporation (MEOH) carrying a Zacks Rank #1 (Strong Buy). Other similar stocks worth considering include Clean Diesel Technologies Inc. (CDTI) and E. I. du Pont de Nemours and Company (DD), both with a Zacks Rank #2 (Buy).
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