Industrial Goods Stocks Technical Report -- Kennametal, Stanley Black & Decker, Timken, and Snap-on
NEW YORK, September 22, 2016 /PRNewswire/ --
Stock-Callers.com is currently looking at the Machine Tools and Accessories industry which produces and distributes tools used to manufacture other products in end-markets such as the housing and automotive segments. Equities in focus are: Kennametal Inc. (NYSE: KMT), Stanley Black & Decker Inc. (NYSE: SWK), The Timken Co. (NYSE: TKR), and Snap-on Inc. (NYSE: SNA). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
Kennametal
On Wednesday, shares in Pittsburgh, Pennsylvania-based Kennametal Inc. recorded a trading volume of 758,161 shares. The stock ended the day at $28.28, rising 2.61%. The Company's shares have gained 18.20% over the previous three months and 51.38% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.14% and 25.28%, respectively. Furthermore, shares of Kennametal, which provides wear-resistant products, application engineering, and services of material science to the industrial production, transportation, earthworks, energy, construction, process industries, and aerospace sectors worldwide, have a Relative Strength Index (RSI) of 59.73.
On September 1st, 2016, Kennametal announced the election of Sagar A. Patel to its board of directors. Mr. Patel, age 50, serves as the president of aircraft turbine systems of Woodward, Inc. Mr. Patel joined Woodward in June 2011. Before joining Woodward, Mr. Patel worked at General Electric, where he last served as president, mechanical systems, GE Aviation in Cincinnati, Ohio. Visit us today and access our complete research report on KMT at:
http://stock-callers.com/registration/?symbol=KMT
Stanley Black & Decker
New Britain, Connecticut headquartered Stanley Black & Decker Inc.'s stock finished yesterday's session 0.45% higher at $122.51 and with a total trading volume of 877,801 shares. The Company's shares have gained 1.15% in the last one month, 8.30% over the previous three months, and 16.55% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.28% and 13.22%, respectively. Furthermore, shares of Stanley Black & Decker, which engages in tools and storage, security, and industrial product businesses in the US, have an RSI of 54.44.
On August 22nd, 2016, research firm Longbow downgraded the Company's stock rating from 'Buy' to 'Neutral'. The complimentary report on SWK can be downloaded at:
http://stock-callers.com/registration/?symbol=SWK
Timken
At the closing bell on Wednesday, shares in North Canton, Ohio headquartered The Timken Co. climbed 2.20%, ending the day at $32.93. The stock recorded a trading volume of 363,357 shares. The Company's shares have advanced 1.70% in the previous three months and 17.98% since the start of this year. The stock is trading 5.93% above its 200-day moving average. Moreover, shares of Timken, which engineers, manufactures, and markets bearings, transmissions, gearboxes, and chain and related products worldwide, have an RSI of 50.94.
On September 13th, 2016, Timken announced that J. Ted Mihaila, senior vice president and corporate controller, will retire December 1st, 2016 after more than 41 years of service with the company. In connection with Mihaila's retirement, Shelly M. Chadwick has been appointed vice president ‒ finance and chief accounting officer, effective November 1st, 2016. Ms. Chadwick joined Timken in 2011 as assistant corporate controller and in 2013 became controller of the company's Process Industries segment. In 2014, she was named vice president of treasury with her responsibilities expanded thereafter to include investor relations. Prior to joining Timken, Chadwick was vice president of finance and chief financial officer at Eckart America and previously held financial leadership roles at Noveon Inc. and BF Goodrich. Register for free on Stock-Callers.com and access the latest research report on TKR at:
http://stock-callers.com/registration/?symbol=TKR
Snap-on
Kenosha, Wisconsin headquartered Snap-on Inc.'s stock ended the day 0.28% higher at $149.90 and with a total trading volume of 361,718 shares. Shares of the Company, which manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide, are trading 2.87% below their 50-day moving average. The stock has an RSI of 43.32. Get free access to your research report on SNA at:
http://stock-callers.com/registration/?symbol=SNA
--
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