The Barchart Chart of the Day belongs to the inorganic chemical company Luxfer Holdings (LXFR). I found the stock by using Barchart to sort the Top Stocks to Own list by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 9/18 the stock gained 7.29%.
Luxfer Holdings PLC is a materials technology company specialising in the design, manufacture and supply of high-performance materials, components and gas cylinders. The company had two divisions, Elektron and Gas Cylinders. The Elektron division focuses on speciality materials based on magnesium, zirconium and rare earths. The Gas Cylinders division manufactures products made from aluminium, composites and other metals using technically advanced processes. Luxfer also offers recycling services and magnesium powders throughout global networks. It operates manufacturing plants in various countries, which include the United Kingdom, the United States, France, Czech Republic, Canada and China. Luxfer Holdings PLC is based in Salford, the United Kingdom.
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart technical indicators:
- 96% technical buy signal
- 97.85+ Weighted Alpha
- 83.88% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 7 new highs and up 8.19% in the last month
- Relative Strength Index 71.68%
- Technical support level at 21.90
- Recently traded at 23.39 with a 50 day moving average of 20.58
Fundamental factors:
- Market Cap $602 million
- P/E 17.59
- Dividend yield 1.08%
- There aren't any Revenue or Earnings consensuses
- The only Wall Street analysts reporting on the stock rates it a strong buy
- The individual investors following the stock on Motley Fool vote 6 to 0 that the stock will beat the market
