Allegion PLC (ALLE) Soars to 52-Week High, Time to Cash Out?
Allegion(ALLE) ZACKS·2024-07-29 22:16
Have you been paying attention to shares of Allegion (ALLE) ? Shares have been on the move with the stock up 15.8% over the past month. The stock hit a new 52-week high of $137.52 in the previous session. Allegion has gained 8% since the start of the year compared to the 8.7% move for the Zacks Industrial Products sector and the 14.4% return for the Zacks Security and Safety Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed o ...