U.S. Markets closed

Olin (OLN) in Focus: Stock Rises 7.8%

Zacks Equity Research

Olin Corp. (OLN) was a big mover last session, as the company saw its shares rise by nearly 8% 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 around 16% in the past one-month time frame.

This chemical and ammunition manufacturer has seen one negative revision in the last one month, while its Zacks Consensus Estimate remained unchanged over the same time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Olin Corp. currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

However, more favorably ranked stocks in the diversified chemicals industry include BASF SE (BASFY), Akzo Nobel NV (AKZOY) and Methanex Corporation (MEOH). While BASF and Akzo hold a Zacks Rank #2 (Buy), Methanex carries a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

OLIN CORP (OLN): Free Stock Analysis Report

BASF SE ADS (BASFY): Free Stock Analysis Report

AKZO NOBEL NV ADR # (AKZOY): Free Stock Analysis Report

METHANEX CP (MEOH): Free Stock Analysis Report

Zacks Investment Research