Axiall Corp. Downgraded by Zacks to “Underperform” (AXLL)
Axiall Corp. (NASDAQ:AXLL) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued on Tuesday, Stock Ratings Network.com reports. They currently have a $37.50 price objective on the stock. Zacks‘ price objective indicates a potential downside of 5.09% from the stock’s previous close.
Axiall Corp. (NASDAQ:AXLL) traded up 3.62% on Tuesday, hitting $40.94. 683,181 shares of the company’s stock traded hands. Axiall Corp. has a 52 week low of $36.31 and a 52 week high of $64.96. The stock has a 50-day moving average of $43. and a 200-day moving average of $42.34. The company has a market cap of $2.861 billion and a price-to-earnings ratio of 16.55.
Axiall Corporation (NASDAQ:AXLL), formerly Georgia Gulf Corporation is a manufacturer and an international marketer of chlorovinyl and aromatic chemicals and also manufacture and market vinyl-based building and home improvement products.
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