Momentum Stocks in Focus: Ball Corporation (NYSE:BLL) , Platform Specialty Products Corporation (NYSE:PAH)

On 4/19/2017, Shares of Ball Corporation (NYSE:BLL) closed at $72.80 in last trading day. After noting the initial trading entry at $72.77, it reached to a day’s high of $73.24 and moved to a day’s low of $72.53. The recent daily volume was 1.23 million as contrast to it’s an average volume of 1.34 million.

Technical Indicators:

The last close of the Ball Corporation stock reflects that it traded -0.86% from its 50-day moving average of $73.43. The stock traded below -3.82% to its 200-day MA of $75.69. Furthermore, it moved  lower -11.48% from its 52-week high of $82.24 and +7.83% up from $67.51, which is 52-week low of the stock.

During the last month, Ball Corporation’s (BLL) has changed -3.33% and performed -8.13% over the last 6 months. The mean rating score for this stock is at 2.20. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 1.25% in recent month and observed Weekly Volatility of 1.05%.

April 18, 2017 Ball Corporation (BLL) and Unilever have partnered to bring a more sustainable aluminum aerosol can to the market. The new Rexona and Sure antiperspirant cans employ Ball’s innovative ReAl™ technology. The newly created metal alloy that utilizes recycled content exhibits increased strength and allows Ball to lightweight its impact extruded aerosol cans by 20 percent. This equates to an approximate product carbon footprint reduction of 18 percent for the 150-milliliter aerosol can used for Unilever’s Rexona and Sure antiperspirant when compared to a standard can.

Ball’s partnership with Unilever to lightweight their can using ReAl™ technology brings significant environmental benefits to the customer while providing the same can performance. The Rexona and Sure antiperspirant aluminum aerosol cans are supplied by Ball for the European market.

Ball Corporation supplies innovative, sustainable packaging solutions for beverage, food and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 18,450 people worldwide and reported 2016 net sales of $9.1 billion.

Platform Specialty Products Corporation (NYSE:PAH) finalized the last transaction at value of $13.10, with a daily change of +1.47% or +0.19 points. The company maintained volume of 1.08 million shares. In past trading day, the stock hit the maximum price of $13.19 and touched to minimum value of $12.92. It has a market cap of $ 3.72B.

Technical Indicators:

As of last trade close, the stock is trading  downside -6.16% from its one year high of $13.96 and moved +91.24% upward from $6.85, which is one year low of the stock.

The stock traded above +1.08% from its 50-day moving average of $12.96. Furthermore, the stock moved up +23.15% to its 200-day MA of $ 10.64.

Platform Specialty Products Corporation’s (PAH) moved with shift of -1.28% in the past week. Over the last three months, the shares of the company have changed 19.53% and performed 81.94% over the last six months. The stock currently has Monthly Volatility of 2.61% and Weekly Volatility of 1.99%.

 

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