Early Briefing on Industrials Sector Equities -- Research on Precision Castparts, ABB Ltd, Babcock and Wilcox, and General Electric
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LONDON, June 10, 2014 /PRNewswire/ --
On Monday, June 09, 2014, the NASDAQ Composite ended at 4,336.24, up 0.34%, the Dow Jones Industrial Average finished the day 0.11% higher at 16,943.10, and the S&P 500 closed at 1,951.27, up 0.09%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Industrials Sector Index ended the day at 477.85, up 0.57%, and the index has advanced 4.63% in the last one month. Investor-Edge has initiated coverage on the following equities: Precision Castparts Corp. (NYSE: PCP), ABB Ltd (NYSE: ABB), The Babcock & Wilcox Co. (NYSE: BWC) and General Electric Co. (NYSE: GE). Free technical research on PCP, ABB, BWC and GE can be downloaded upon signing up at:
http://www.investor-edge.com/3625-register
On Monday, Precision Castparts Corp.'s stock recorded a trading volume of 0.69 million shares, lower than its three months average volume of 0.71 million shares. The stock finished the day at $273.69, up 0.34%, hitting a new 52-week high of $275.09. Precision Castparts Corp.'s shares have gained 4.00% in the previous three trading sessions and 7.21% in the last one month. Also, the stock has advanced 1.63% on YTD basis. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $252.94 is above its 200-day moving average of $250.30. Additionally, Shares of the company traded at a PE ratio of 22.86 and have a Relative Strength Index (RSI) of 73.79. Sign up today to read free research on PCP at:
http://www.investor-edge.com/3625-PCP-10Jun2014.pdf
ABB Ltd's stock fell by 0.34%, to close Monday's session at $23.69, after oscillating between $23.59 and $23.76. The stock recorded a trading volume of 1.61 million shares, below its three months average volume of 2.07 million shares. Over the past three trading sessions and last one month, ABB Ltd's shares have gone up 1.20% and 1.85%, respectively. However, from the beginning of 2014, the company's stock has plummeted 7.79%. The stock is trading below its 50-day and 200-day moving averages. The company stock's 50-day moving average of $24.17 is above its 200-day moving average of $23.98. Further, the company's stock has an RSI of 50.33. Sign up today to read free research on ABB at:
http://www.investor-edge.com/3625-ABB-10Jun2014.pdf
On Monday, The Babcock & Wilcox Co.'s stock finished the session 0.46% higher at $32.93. A total of 0.91 million shares were traded, which was below its three months average volume of 1.06 million shares. The stock moved between $32.76 and $32.99 during the session. Over the past three trading sessions, The Babcock & Wilcox Co.'s shares have advanced 3.23%. However, the stock has fallen by 4.94% over the last one month and 3.69% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $33.40 is greater than its 200-day moving average of $33.22. The Babcock & Wilcox Co.'s stock traded at a PE ratio of 9.97 and has an RSI of 49.67. Sign up today to read free research on BWC at:
http://www.investor-edge.com/3625-BWC-10Jun2014.pdf
Shares in General Electric Co. fluctuated between $27.01 and $27.53 before ending Monday's session up 0.96%, at $27.44. The company's stock reported a trading volume of 28.24 million shares, above its three months average volume of 27.62 million shares. Further, shares of General Electric Co. have gone up 3.86% over the last one month and 5.01% over the past three months. However, the stock has lost 2.10% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $26.41 is greater than its 200-day moving average of $25.81. Moreover, shares of the company traded at a PE ratio of 16.58 and have an RSI of 64.38. Sign up today to read free research on GE at:
http://www.investor-edge.com/3625-GE-10Jun2014.pdf
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EDITOR'S NOTES:
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