Adient (ADNT) Surges: Stock Moves 7.8% Higher

Zacks Equity Research

Tue, Jan 8, 2019, 8:48 AM

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Adient plc ADNT was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 22% in the past one-month time frame.

The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Tailored Brands. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Adient currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is positive.

Adient PLC Price

Adient PLC Price | Adient PLC Quote

Investors interested in the Automotive – Original Equipment industry may consider Garrett Motion Inc. GTX, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Adient (ADNT) Surges: Stock Moves 7.8% Higher

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