Hexcel Corp. (HXL) is Trading Higher on Unusual Volume for January 22

Equities Staff |

Hexcel Corp. (HXL) experienced unusually high volume on Jan. 22, as the stock gained 10.25% to a closing price of $42.50. The stock saw 2.82 million shares trade hands over the course of the day on 21,556 trades. Given that the stock’s average daily volume over the last month has been 600,246 shares a day, this represents a pretty substantial spike over the norm.

Hexcel Corp. has a P/B ratio of 3.36. It also has a P/E ratio of 15.9. The stock has traded between $54.72 and $37.78 over the last 52-weeks, its 50-day SMA is now $45.01, and its 200-day SMA $48.01.

Hexcel Corp develops, manufactures, and markets lightweight, high-performance structural materials, including carbon fibers, adhesives, engineered honeycomb and composite structures for use in Commercial Aerospace, Space & Defense and Industrial markets.

Headquartered in Stamford, CT, Hexcel Corp. has 5,663 employees and is currently under the leadership of CEO Nick L. Stanage.

For a complete fundamental analysis analysis of Hexcel Corp., check out Equities.com’s Stock Valuation Analysis report for HXL. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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