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Armstrong World (AWI) Catches Eye: Stock Jumps 9.1%
August 01, 2017

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Armstrong World Industries, Inc. (AWI - Free Report) was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $44.05 to $45.70 in the past one-month time frame.

The move came after the company reported solid second-quarter 2017 results.

The company has not seen any estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Armstrong World currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.  

A better-ranked stock in the Building Products – Miscellaneous industry is Owens Corning (OC - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is AWI going up? Or down? Predict to see what others think: Up or Down

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