How These Tech Stocks are Faring? -- Fortive, Jabil Circuit, TTM Technologies, and MSCI Inc.
NEW YORK, September 14, 2016 /PRNewswire/ --
Technology is fast advancing and evolving, changing the way people live, and improving the way businesses operate. Being the backbone of the digital economy, the sector continues to present various opportunities for growth. This morning, Stock-Callers.com has issued reports on the followings stocks within this space: Fortive Corp. (NYSE: FTV), Jabil Circuit Inc. (NYSE: JBL), TTM Technologies Inc. (NASDAQ: TTMI), and MSCI Inc. (NYSE: MSCI) to see how they have fared over the previous weeks. Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
Fortive
On Tuesday, shares in Everett, Washington-based Fortive Corp. recorded a trading volume of 1.49 million shares. The stock ended the day at $50.04, which was a decline of 2.28%. The Company's shares have gained 3.10% since the start of this year. The stock is trading below its 50-day moving average by 1.62%. Furthermore, shares of Fortive, which owns and operates industrial units that manufacture testing and measurement equipment, have a Relative Strength Index (RSI) of 38.75.
On August 2nd, 2016, Fortive announced that for Q2 ended July 1st, 2016, GAAP net earnings were $238.9 million, which represents a 5.1% increase over the comparable 2015 amount. The company's GAAP revenue for Q2 2016 was $1.6 billion. Both GAAP and core revenue for Q2 2016 decreased 0.5% on a y-o-y basis. Access our complete research report on FTV for free at:
http://stock-callers.com/registration/?symbol=FTV
Jabil Circuit
St. Petersburg, Florida headquartered Jabil Circuit Inc.'s stock finished yesterday's session 0.76% lower at $20.77 and with a total trading volume of 1.36 million shares. The Company's shares have gained 12.77% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.86% and 3.88%, respectively. Furthermore, shares of Jabil Circuit, which together with its subsidiaries, provides electronic manufacturing services and solutions worldwide, have an RSI of 44.93.
On September 6th, 2016, Jabil Circuit announced that it will report its Q4 2016 and full FY 2016 financials on September 21st, 2016 after the market close. The company's conference call to review the results will be broadcast on September 21st, 2016, at 4:30 p.m. The complimentary research report on JBL can be downloaded at:
http://stock-callers.com/registration/?symbol=JBL
TTM Technologies
At the closing bell on Tuesday, shares in Costa Mesa, California headquartered TTM Technologies Inc. saw a slight drop of 0.29%, ending the day at $10.30. The stock recorded a trading volume of 841,549 shares. The Company's shares have advanced 0.49% in the last one month, 31.88% in the previous three months, and 58.22% on an YTD basis. The stock is trading 8.09% above its 50-day moving average and 39.03% above its 200-day moving average. Moreover, shares of TTM Technologies, which together with its subsidiaries, manufactures printed circuit boards worldwide, have an RSI of 51.17. Register for free on Stock-Callers.com and get access to the latest PDF format report on TTMI at:
http://stock-callers.com/registration/?symbol=TTMI
MSCI Inc.
New York headquartered MSCI Inc.'s stock ended the day 1.27% lower at $84.87. A total volume of 891,798 shares was traded, which was above their three months average volume of 524,710 shares. The Company's shares have gained 14.26% over the previous three months and 18.76% on an YTD basis. The stock is trading 0.12% above its 50-day moving average and 13.14% above its 200-day moving average. Additionally, shares of MSCI, which together with its subsidiaries, provides content, applications, and services to support the needs of institutional investors in their investment processes worldwide, have an RSI of 40.72.
On August 5th, 2016, MSCI announced that it has successfully completed its previously announced private offering of $500 million aggregate principal amount of 4.750% senior notes due 2026. MSCI intends to use the net proceeds from the Offering for general corporate purposes, including, without limitation, buybacks of its common stock and potential acquisitions. MSCI also announced that it amended its revolving credit agreement to, among other things, (i) permit the Company to increase aggregate commitments available to be borrowed by $20 million to an aggregate of $220 million, (ii) increase the maximum consolidated leverage ratio from 3.75:1.00 to 4.25:1.00 and (iii) extend the term from November 2019 to August 2021. Download your free research report on MSCI at:
http://stock-callers.com/registration/?symbol=MSCI
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article