Clorox Stock Hits 52-Week High: Is it Time to Buy, Hold or Sell?
Clorox(CLX) ZACKS·2024-09-12 02:20
Shares of The Clorox Company (CLX) hit a new 52-week high of $167.75 yesterday before dropping just under 1% to close trading at $166.97. Moreover, the current stock price reflects a 146% premium from its 52- week low of $67.62. Over the past three months, Clorox shares have surged 25.6%, outpacing the industry's growth of 11.3% and the S&P 500's 1.1% return. The stock also trades above its 50-day and 200-day moving averages, indicating strong investor confidence and a bullish market sentiment. The recent u ...