News to Watch: AZZ Inc. (NYSE:AZZ)

 AZZ Inc. (NYSE:AZZ) spotted trading -6.83% off 52-week high price. On the other end, the stock has been noted 31.02% away from the low price over the last 52-weeks. The stock changed 0.30% to recent value of $46.92. The stock transacted 69796 shares during most recent day however it has an average volume of 184.98K shares. The company has 26.10M of outstanding shares and 25.75M shares were floated in the market.  

On Dec. 26, 2019, AZZ Inc. (NYSE:AZZ) a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services, declared it will conduct a conference call to review the financial results for the third quarter of fiscal year 2020 on Thursday, January 9, 2020 at 11:00 a.m. ET. The Company plans to issue a press release reporting third quarter fiscal 2020 financial results and file its corresponding Form 10-Q with the SEC before the market opens on January 9, 2020.

About AZZ Inc.

AZZ Inc. is a global provider of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services to the power generation, transmission, distribution and industrial markets. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry. AZZ Energy is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide.

 Its earnings per share (EPS) expected to touch remained 127.50% for this year while earning per share for the next 5-years is expected to reach at 10.00%. AZZ has a gross margin of 21.90% and an operating margin of 7.90% while its profit margin remained 5.30% for the last 12 months. 

 According to the most recent quarter its current ratio was 2.9 that represents company’s ability to meet its current financial obligations. The price moved ahead of 8.34% from the mean of 20 days, 15.84% from mean of 50 days SMA and performed 9.24% from mean of 200 days price. Company’s performance for the week was 0.28%, 23.57% for month and YTD performance remained 16.25%.

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