Acuity Brands (AYI) Looks Good: Stock Adds 5.2% in Session
Acuity Brands (AYI) Looks Good: Stock Adds 5.2% in Session. Acuity Brands, Inc. AYI was a big mover last session, as the company saw its shares rise more than 5% on the day. This reverses the recent trend for the company—as the stock is down 13% in the past one-month time frame.The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.This young company’s gigantic growth was hidden by low-volume trading, then cut short by the coronavirus. But its digital products stand out in a region where the internet economy has tripled since 2015 and looks to triple again by 2025.Its stock price is already starting to resume its upward arc.