Rexnord Corporation (RXN) Shares are Down -5.09%

Rexnord Corporation (RXN) : During the past 4 weeks, traders have been relatively bearish on Rexnord Corporation (RXN), hence the stock is down -8.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.59% relative to the S&P 500. The 4-week change in the price of the stock is -9.94% and the stock has fallen -5.09% in the past 1 week.

The stock has recorded a 20-day Moving Average of 8.94% and the 50-Day Moving Average is 7.85%.The 200 Day SMA reached 0.61% Rexnord Corporation has dropped 8.72% during the last 3-month period . Year-to-Date the stock performance stands at 8.06%.


Rexnord Corporation (RXN) stock is expected to deviate a maximum of $3.29 from the average target price of $22 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $26 and the most muted being $16.

Company shares have received an average consensus rating of Hold for the current week Rexnord Corporation (NYSE:RXN): stock was range-bound between the intraday low of $19.48 and the intraday high of $19.87 after having opened at $19.68 on Fridays session. The stock finally closed in the red at $19.68, a loss of -1.36%. The stock remained in the red for the whole trading day. The total traded volume was 1,443,384 shares. The stock failed to cross $19.87 in Fridays trading. The stocks closing price on Thursday was $19.58.

Rexnord Corporation (Rexnord) is a multi-platform industrial company. The Company operates through two segments: Process & Motion Control platform, and Water Management platform. The Process & Motion Control platform designs, manufactures, markets and services engineered mechanical components, such as gears and gear drives, couplings, industrial bearings, FlatTop and engineered chain, aerospace bearings and seals, under various brands, including Rexnord, Rex, Falk and Link-Belt. The Water Management platform designs, procures, manufactures and markets products that provide water quality, safety, flow control and conservation under brands, such as Zurn, Wilkins, VAG, GA, Rodney Hunt and Fontaine. The Water Management product portfolio includes specification drainage products, sensor flush valves and faucet products, pressure release valves, sluice and slide gates, butterfly and plug valves, control valves and actuation systems, and cross-linked polyethylene (PEX) piping.

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