Early Briefing on Industrials Sector Equities -- Research on ITT Corp., JB Hunt Transport Services, Knight Transportation, and MRC Global

LONDON, June 17, 2014 /PRNewswire/ --

On Monday, June 16, 2014, the NASDAQ Composite ended at 4,321.11, up 0.24%, the Dow Jones Industrial Average edged 0.03% higher to finish the day at 16,781.01, and the S&P 500 closed at 1,937.78, up 0.08%. The gains were broad based with seven out of ten sectors ending the session in positive. The S&P 500 Industrials Sector Index ended the day at 467.85, down 0.16%, whereas the index has gained 6.17% in the previous three months. Investor-Edge has initiated coverage on the following equities: ITT Corp. (NYSE: ITT), JB Hunt Transport Services Inc. (NASDAQ: JBHT), Knight Transportation Inc. (NYSE: KNX) and MRC Global Inc. (NYSE: MRC). Free technical research on ITT, JBHT, KNX and MRC can be downloaded upon signing up at:

http://www.investor-edge.com/3859-register

ITT Corp.'s stock edged 0.55% higher, to close the day at $45.92, hitting a new 52-week high of $45.98. The stock recorded a trading volume of 0.85 million shares, above its three months average volume of 0.73 million shares. The company shares oscillated between $45.45 and $45.98 during the session. Over the last three trading sessions and over the past one month, ITT Corp.'s shares have gained 1.21% and 5.01%, respectively. Further, the stock has advanced 5.76% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages of $43.89 and $41.10, respectively. Additionally, ITT Corp.'s stock traded at a PE ratio of 7.36 and has a Relative Strength Index (RSI) of 63.66. Sign up today to read free research on ITT at:

http://www.investor-edge.com/3859-ITT-17Jun2014.pdf

On Monday, shares in JB Hunt Transport Services Inc. recorded a trading volume of 0.49 million shares, lower than its three months average volume of 0.91 million shares. The stock ended the day at $75.58, which was 0.03% below its previous day's closing of $75.60, and registered an intraday range of $75.33 and $76.04. Shares of the company traded at a PE ratio of 26.42. JB Hunt Transport Services Inc.'s stock has fallen by 1.00% in the previous three trading sessions, 1.70% in the last one month, and 2.23% on YTD basis. The stock is trading above its 200-day moving average of $74.55, while the 200-day moving average is below its 50-day moving average of $75.99. Furthermore, shares of JB Hunt Transport Services Inc. have an RSI of 41.41. Sign up today to read free research on JBHT at:

http://www.investor-edge.com/3859-JBHT-17Jun2014.pdf

Knight Transportation Inc.'s stock finished the Monday's session 0.29% lower at $23.82. A total of 0.36 million shares were traded, which was below its three months average volume of 0.68 million shares. The stock vacillated between $23.71 and $24.06 during the session. Over the last one month and over the previous three months, Knight Transportation Inc.'s shares have advanced 4.61% and 5.35%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 29.88%. The stock is trading above its 50-day and 200-day moving averages of $23.67 and $20.10, respectively. Knight Transportation Inc.'s stock traded at a PE ratio of 26.32 and has an RSI of 50.71. Sign up today to read free research on KNX at:

http://www.investor-edge.com/3859-KNX-17Jun2014.pdf

On Monday, shares in MRC Global Inc. fluctuated between $28.37 and $28.73 before ending the session 1.18% lower at $28.38. The stock reported a trading volume of 1.07 million shares, which was at par with its three months average volume. Shares of the company traded at a PE ratio of 20.81. MRC Global Inc.'s shares have fallen by 1.90% in the previous three trading sessions, 0.04% in the last one month, and 12.03% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $28.60 is greater than its 50-day moving average of $28.47. Moreover, shares of MRC Global Inc. have an RSI of 49.61. Sign up today to read free research on MRC at:

http://www.investor-edge.com/3859-MRC-17Jun2014.pdf


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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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