Coverage of Construction and Engineering Equities -- Research on MasTec, India Globalization Capital, Fluor, and Empresas ICA

LONDON, June 5, 2014 /PRNewswire/ --

On Wednesday, June 04, 2014, the NASDAQ Composite ended at 4,251.64, up 0.41%, the Dow Jones Industrial Average advanced 0.09%, to finish the day at 16,737.53, and the S&P 500 closed at 1,927.88, up 0.19%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Industrials Sector Index ended the day at 465.72, down 0.08%, while the index has advanced 3.31% in the previous three months. Investor-Edge has initiated coverage on the following equities: MasTec Inc. (NYSE: MTZ), India Globalization Capital Inc. (NYSE MKT: IGC), Fluor Corp. (NYSE: FLR) and Empresas ICA S.A.B. de C.V. (NYSE: ICA). Free technical research on MTZ, IGC, FLR and ICA can be downloaded upon signing up at:

http://www.investor-edge.com/3458-register

On Wednesday, MasTec Inc.'s stock fluctuated between $32.36 and $33.06 before ending the session 1.43% lower at $32.48. MasTec Inc.'s stock reported a trading volume of 2.04 million shares, much above its three months average volume of 0.92 million shares. Shares of the company traded at a PE ratio of 18.60. MasTec Inc.'s shares have plummeted 9.78% in the previous three trading sessions, 18.17% in the last one month and 0.73% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $40.54 and $35.49, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 27.02. Sign up today to read free research on MTZ at:

http://www.investor-edge.com/3458-MTZ-05Jun2014.pdf

On Wednesday, shares in India Globalization Capital Inc. declined 5.56%, to close the day at $1.53. The stock recorded a trading volume of 0.44 million shares, below its three months average volume of 0.99 million shares. The stock oscillated between $1.50 and $1.62 during the session. Over the last one month and over the past three months, India Globalization Capital Inc.'s shares have rallied 128.34% and 91.19%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 47.11%. The stock is trading above its 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $0.94 is greater than its 50-day moving average of $0.93. Additionally, the stock has an RSI of 63.65. Sign up today to read free research on IGC at:

http://www.investor-edge.com/3458-IGC-05Jun2014.pdf

On Wednesday, shares in Fluor Corp. recorded a trading volume of 1.03 million shares, lower than its three months average volume of 1.25 million shares. The stock ended the day at $75.04, which was 0.19% above its previous day's closing of $74.90, and registered an intraday range of $74.67 and $75.52. Shares of the company traded at a PE ratio of 18.31. Fluor Corp.'s shares have lost 0.05% in the previous three trading sessions and 0.54% in the last one month. Additionally, the company's stock has declined 6.54% since start of this year. The company's stock is trading below its 50-day and 200-day moving averages of $75.80 and $75.30, respectively. Furthermore, shares of the company have an RSI of 48.41. Sign up today to read free research on FLR at:

http://www.investor-edge.com/3458-FLR-05Jun2014.pdf

Empresas ICA S.A.B. de C.V.'s stock finished the Wednesday's session 1.00% lower at $7.90. A total of 0.33 million shares were traded, which was below its three months average volume of 0.44 million shares. The stock moved between $7.76 and $7.96 during the session. Over the last one month and the previous three months, Empresas ICA S.A.B. de C.V.'s shares have advanced 6.61% and 13.02%, respectively. However, from the beginning of 2014, the company's stock has lost 6.51%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $7.71 is greater than its 50-day moving average of $7.12. Empresas ICA S.A.B. de C.V.'s stock has an RSI of 64.76. Sign up today to read free research on ICA at:

http://www.investor-edge.com/3458-ICA-05Jun2014.pdf


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EDITOR'S NOTES:
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