AeroVironment (AVAV) in Focus: Stock Moves 6.5% Higher

AeroVironment, Inc. AVAV was a big engine in the last session as the company saw its shares rise more than 6% that day. The move was also solid, with far more stocks changing hands than in a normal session. This breaks the company's recent trend as the stock has traded above the volatile price range of $ 60.01 to $ 69.00 for the past 1 months.

The company has made two negative estimates in the past few weeks, while the Zacks consensus estimate for the current quarter has also declined in recent weeks, suggesting that there may be problems later. So be sure to keep an eye on this stock going forward to see if this recent surge can continue.

AeroVironment currently has a Zacks Rank 3 (Hold) while its ESP result is negative.
AeroVironment, Inc. Award
AeroVironment, Inc. Award
AeroVironment, Inc. Price | AeroVironment, Inc. Offer
A higher-valued stock in the aerospace - defense equipment industry is AAR Corp. AIR, which currently has a Zacks Rank 2 (Buy). The full list of today's Zacks # 1 Rank (Strong Buy) stocks can be found here.
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