Strength Seen in Luxfer (LXFR): Can Its 5.4% Jump Turn into More Strength?
Luxfer Holdings PLC ((LXFR) shares ended the last trading session 5.4% higher at $14.77. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12.5% gain over the past four weeks.Luxfer’s rally is primarily driven by optimism regarding its strong momentum in the commercial and defense end markets. Solid demand for the company’s several products, including magnesium powders and aerospace cylinders, is supporting its perfo ...