The stock of AVX Corporation (NYSE:AVX) is a huge mover today! The stock decreased 0.79% or $0.12 on November 23, hitting $15.15. About 211,294 shares traded hands or 50.74% up from the average. AVX Corporation (NYSE:AVX) has risen 21.49% since April 22, 2016 and is uptrending. It has outperformed by 16.08% the S&P500.
The move comes after 6 months positive chart setup for the $2.58 billion company. It was reported on Nov, 24 by Barchart.com. We have $15.91 PT which if reached, will make NYSE:AVX worth $129.00M more.
Analysts await AVX Corporation (NYSE:AVX) to report earnings on March, 17. They expect $-0.72 earnings per share, up 60.44% or $1.10 from last year’s $-1.82 per share. After $-0.87 actual earnings per share 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: Finance.Yahoo.com which released: “AVX Corporation Announces Preliminary Second Quarter Results” on October 26, 2016, also Businesswire.com published article titled: “AVX Corporation Schedules Second Quarter Earnings Conference Call”, 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: Nasdaq.com and their article: “AVX Corporation (AVX) Ex-Dividend Date Scheduled for June 01, 2016” with publication date: May 31, 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.