Raven Industries’ (RAVN) Shares March Higher, Can It Continue?

As of late, it has positively been a good time to be an investor in Raven (NASDAQ:) Industries, Inc. RAVN. The inventory has moved increased by 9.6% previously month, whereas additionally it is above its 20 day SMA too. This mixture of robust value efficiency and favorable technical may counsel that the inventory could also be on the suitable path.

We definitely suppose that this could be the case, notably in the event you think about RAVN’s current earnings estimate revision exercise. From this look, the corporate’s future is sort of favorable; as RAVN has earned itself a Zacks Rank #2 (Purchase), that means that its current run could proceed for a bit longer, and that this isn’t the highest for the in-focus firm. You possibly can see the complete list of today’s Zacks #1 Rank stocks here.

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