Commercial Services and Supplies Stocks under Review -- Republic Services, Waste Management, Covanta Holding, Iron Mountain, and KAR Auction Services
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LONDON, July 25, 2014 /PRNewswire/ --
On Thursday, July 24, 2014, the NASDAQ Composite ended at 4,472.11, down 0.04%, the Dow Jones Industrial Average finished the day 0.02% lower at 17,083.80, and the S&P 500 closed at 1,987.98, up 0.05%. During the session six out of ten sectors ended in positive. The S&P 500 Industrials Sector Index ended the day at 464.12, down 0.46%, while the index has advanced 1.58% in the previous three months. Investor-Edge has initiated coverage on the following equities: Republic Services Inc. (NYSE: RSG), Waste Management Inc. (NYSE: WM), Covanta Holding Corporation (NYSE: CVA), Iron Mountain Inc. (NYSE: IRM), and KAR Auction Services Inc. (NYSE: KAR). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Thursday, shares in Republic Services Inc. traded between $36.95 and $37.21 before ending the session 0.03% higher at $37.05. Republic Services Inc.'s stock reported a trading volume of 1.12 million shares, close to its three months average volume of 1.33 million shares. Shares of the company traded at a PE ratio of 18.41. Although, Republic Services Inc.'s stock has lost 0.38% in the previous three trading sessions, it has advanced 6.62% in the last three months and 11.60% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $36.51 and $34.46, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 49.25. Sign up and read the free notes on RSG at:
http://www.Investor-Edge.com/RSG-25Jul2014
Waste Management Inc.'s stock edged 0.07% higher, to close the day at $44.31. The stock recorded a trading volume of 1.22 million shares, below its three months average volume of 1.58 million shares. The stock oscillated between $44.12 and $44.36 during the session. Over the last three trading sessions and since the start of this year, Waste Management Inc.'s shares have fallen by 0.38% and 1.25%, respectively. However, the stock has advanced 3.43% in the last three months. The company's stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $44.28 is above its 200-day moving average of $43.20. Additionally, the stock traded at a PE ratio of 19.70 and has an RSI of 48.11. The complimentary notes on WM can be downloaded as in PDF format at:
http://www.Investor-Edge.com/WM-25Jul2014
On Thursday, shares in Covanta Holding Corp. recorded a trading volume of 3.12 million shares, higher than its three months average volume of 1.80 million shares. The stock ended the day at $20.61, which was 0.10% below its previous day's closing of $20.63, and registered an intraday range of $20.24 and $20.78. Shares of the company traded at a PE ratio of 79.11. Covanta Holding Corp.'s stock has gained 2.64% in the last one month and 11.59% in the previous three months. Additionally, the stock has advanced 16.11% on YTD basis. The company is trading above its 50-day and 200-day moving averages of $19.85 and $18.48, respectively. Furthermore, shares of Covanta Holding Corp. have an RSI of 66.19. Register for free on Investor-Edge and access the latest research on CVA at:
http://www.Investor-Edge.com/CVA-25Jul2014
Iron Mountain Inc.'s stock finished Thursday's session flat at $34.40. A total of 0.73 million shares were traded, which was much below its three months average volume of 1.89 million shares. The stock moved between $34.28 and $34.59 during the session. Over the last one month and the previous three months, Iron Mountain Inc.'s shares have surged 15.17% and 22.46%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 13.34%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $32.26 is greater than its 200-day moving average of $28.84. Iron Mountain Inc.'s stock traded at a PE ratio of 39.26 and has an RSI of 56.39. The complete research on IRM is available for free at:
http://www.Investor-Edge.com/IRM-25Jul2014
On Thursday, shares in KAR Auction Services Inc. fluctuated between $30.39 and $30.92 before ending the session 1.28% higher at $30.87. KAR Auction Services Inc.'s stock reported a trading volume of 0.61 million shares, below its three months average volume of 0.93 million shares. Shares of the company traded at a PE ratio of 52.22. The company's shares have advanced 1.31% in the previous three trading sessions, 1.51% in the last three months and 4.47% on YTD basis. The stock is trading above its 200-day moving average of $29.76, while the 200-day moving average is below KAR Auction Services Inc.'s 50-day moving average of $31.08. Moreover, shares of the company have an RSI of 37.52. Free in depth research on KAR is available at:
http://www.Investor-Edge.com/KAR-25Jul2014
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