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Stock impact report

Bear of the Day: Albany International (AIN) [Yahoo! Finance]

Albany International Corporation (AIN) 
Last albany international corporation earnings: 4/29 05:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
It primarily serves the paper and aerospace industries through two segments: Machine Clothing and Albany Engineered Composites. The Machine Clothing segment supplies custom-designed fabrics used in paper production, while Albany Engineered Composites provides advanced materials and components for the aerospace market, including for commercial and defense applications. Headquartered in Rochester, New Hampshire, Albany International operates across North America, Europe, and Asia, and is known for its innovation in materials technology and manufacturing expertise. Albany International stock has struggled recently as earnings growth has been flat over the last five years along with the stock price. More recently the stock broke below a major level of support further dampening sentiment, while analysts have also downgraded the stock, giving it a Zacks Rank #5 (Strong Sell) rating. Although there will be a price where AIN is an appealing stock, based on the current setup, I think inves Show less Read more
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