Beverages Equities Movers and Shakers -- Research on Fomento Economico Mexicano, Anheuser-Busch InBev, Brown-Forman, and Constellation Brands
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LONDON, June 13, 2014 /PRNewswire/ --
On Thursday, June 12, 2014, the NASDAQ Composite ended at 4,297.63, down 0.79%, the Dow Jones Industrial Average finished the day 0.65% lower at 16,734.19, and the S&P 500 closed at 1,930.11, down 0.71%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Consumer Staples Sector Index ended the day at 457.51, down 0.85%, while the index has advanced 0.08% in the last one month. Investor-Edge has initiated coverage on the following equities: Fomento Economico Mexicano S.A.B. de C.V. (NYSE: FMX), Anheuser-Busch InBev N.V. (NYSE: BUD), Brown-Forman Corp. (NYSE: BF-B) and Constellation Brands Inc. (NYSE: STZ). Free technical research on FMX, BUD, BF-B and STZ can be downloaded upon signing up at:
http://www.investor-edge.com/3743-register
On Thursday, shares in Fomento Economico Mexicano S.A.B. de C.V. recorded a trading volume of 0.22 million shares, lower than its three months average volume of 0.45 million shares. The stock finished the day at $95.72, down 0.71%, and registered an intraday range of $95.50 and $97.08. Shares of Fomento Economico Mexicano S.A.B. de C.V. have lost 3.17% in the last one month and 2.20% on YTD basis. However, the stock has rallied 15.69% in the previous three months. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $94.89 is above its 200-day moving average of $92.90. Additionally, Shares of the company have a Relative Strength Index (RSI) of 51.15. Sign up today to read free research on FMX at:
http://www.investor-edge.com/3743-FMX-13Jun2014.pdf
Anheuser-Busch InBev N.V.'s stock fell by 0.96%, to close Thursday's session at $111.84, after oscillating between $111.53 and $112.56. The stock recorded a trading volume of 1.30 million shares, above its three months average volume of 1.15 million shares. Over the last one month and previous three months, Anheuser-Busch InBev N.V.'s shares have gone up 1.70% and 9.48%, respectively. Also, from the beginning of 2014, the company's stock has gained 5.05%. The stock is trading above its 50-day and 200-day moving averages. The company stock's 50-day moving average of $108.96 is above its 200-day moving average of $103.08. Further, the company's stock has an RSI of 63.27. Sign up today to read free research on BUD at:
http://www.investor-edge.com/3743-BUD-13Jun2014.pdf
On Thursday, Brown-Forman Corp.'s stock finished the session 0.09% lower at $93.84. A total of 0.26 million shares were traded, which was below its three months average volume of 0.44 million shares. The stock moved between $93.36 and $94.49 during the session. Over the last one month and previous three months, Brown-Forman Corp.'s shares have advanced 3.61% and 7.17%, respectively. Also, the stock has surged 24.18% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $90.54 is greater than its 200-day moving average of $79.74. Brown-Forman Corp.'s stock traded at a PE ratio of 30.94 and has an RSI of 60.83. Sign up today to read free research on BF-B at:
http://www.investor-edge.com/3743-BF-B-13Jun2014.pdf
Shares in Constellation Brands Inc. fluctuated between $82.47 and $84.26 before ending Thursday's session down 0.71%, at $82.79. The company's stock reported a trading volume of 0.87 million shares, below its three months average volume of 1.32 million shares. Further, shares of Constellation Brands Inc. have gained 0.22% over the past three trading sessions and 3.32% over the last one month. Also, the stock has rallied 17.63% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $81.55 is greater than its 200-day moving average of $73.18. Moreover, shares of the company traded at a PE ratio of 28.50 and have an RSI of 56.58. Sign up today to read free research on STZ at:
http://www.investor-edge.com/3743-STZ-13Jun2014.pdf
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