Avery Dennison Corporation ($AVY) Stock Forecast: Up 2.1% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Avery Dennison Corporation?

Avery Dennison (AVY) is a company listed on the NYSE that specializes in labeling and packaging materials. The overall market has been positive for AVY today, with a strong bullish movement.

Why is Avery Dennison Corporation going up?

AVY stock is up 2.1% on Sep 25, 2023 14:13

Avery Dennison announced a dividend payout of $0.81 per share, which highlights its commitment to empowering shareholders and enhancing performance. This positive news likely contributed to the bullish movement in AVY's stock.
The company also received a positive adjustment to its Relative Strength (RS) Rating, indicating strong price performance. This could have attracted investors and contributed to the bullish movement.
The rising profits reported by Avery Dennison further support the positive market movement, as it demonstrates the company's ability to generate growth and potentially attract more investors.
Overall, the combination of the dividend payout, positive RS Rating adjustment, and rising profits likely contributed to the bullish movement in AVY's stock today.

AVY Price Chart

AVY News

Empowering Shareholders with Growth: Avery Dennison Enhances Performance and Reports Rising Profits

Today, September 20, 2023, Avery Dennison (NYSE: AVY ) will distribute a dividend payout of $0.81 per share, highlighting an annualized dividend yield of 1.79%. Shareholders who owned the stock before the ex-dividend date on September 05, 2023 will be eligible for this payout. Avery Dennison Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; } tr:nth-child(even) { … Full story available on Benzinga.com

https://www.benzinga.com/news/dividends/23/09/34766200/empowering-shareholders-with-growth-avery-dennison-enhances-performance-and-reports-rising-profits

News Article Image Empowering Shareholders with Growth: Avery Dennison Enhances Performance and Reports Rising Profits

Stocks With Rising Relative Strength: Avery Dennison

On Wednesday, Avery Dennison ( AVY ) got a positive adjustment to its Relative Strength ( RS ) Rating, from 68 to 71. X When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD's unique rating identifies price performance with a 1 ( worst ...

https://www.investors.com/ibd-data-stories/stocks-with-rising-relative-strength-avery-dennison-2/

News Article Image Stocks With Rising Relative Strength: Avery Dennison

Avery Dennison Corporation Price History

Disclaimer

Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.

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Date

Sep 25, 2023 14:13

Content

Avery Dennison Corporation ($AVY) Stock Forecast: Up 2.1% Today What is Avery Dennison Corporation? Why is Avery Dennison Corporation going up? AVY AVY Price Chart AVY News Trending Today Avery Dennison Corporation Price History