Industrials Sector Stocks on Radar -- Research on Illinois Tool Works, Colfax, ITT Corp., and Flowserve
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LONDON, March 28, 2014 /PRNewswire/ --
The trading session on Wednesday, March 26, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,268.99, down 0.60% and the NASDAQ Composite closed at 4,173.58, down 1.43%. The S&P 500 finished the session 0.70% lower at 1,852.56. The losses were broad based with nine out of ten sectors ending the session in negative. The S&P 500 Industrials Sector Index finished the day at 443.49, down 0.94%, while the same has advanced 0.02% in the last one month. Investor-Edge has initiated coverage on the following equities: Illinois Tool Works Inc. (NYSE: ITW), Colfax Corp. (NYSE: CFX), ITT Corp. (NYSE: ITT) and Flowserve Corp. (NYSE: FLS). Free technical research on ITW, CFX, ITT and FLS can be downloaded upon signing up at:
http://www.investor-edge.com/539-register
On Wednesday, shares in Illinois Tool Works Inc. finished the session 0.68% higher at $80.67. The stock recorded a trading volume of 1.97 million shares as compared to a three months average volume of 2.43 million shares. The stock fluctuated between $80.67 and $81.75 during the session. Illinois Tool Works Inc.'s stock have declined 0.11% in the previous three trading sessions, 2.16% in the last one month, and 4.06% on YTD basis. The stock is trading above its 200-day moving average. Illinois Tool Works Inc.'s 50-day moving average of $80.67 is above the 200-day moving average of $76.91. Moreover, the stock is trading at a Relative Strength Index (RSI) of 50.72. Sign up today to read free research on ITW at:
http://www.investor-edge.com/539-ITW-27Mar2014.pdf
Colfax Corp.'s stock reported a trading volume of 0.54 million shares, as compared with a three months average volume of 0.70 million shares. The stock ended the day at $69.09, down 1.89% and at an intraday range of $69.08 and $70.94. Colfax Corp.'s shares have declined 2.98% in the previous three trading sessions, 2.47% in the last month, while the same have advanced 8.48% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $67.00 and $58.59, respectively. Furthermore, the stock is trading at an RSI of 56.31. Sign up today to read free research on CFX at:
http://www.investor-edge.com/539-CFX-27Mar2014.pdf
On Wednesday, shares in ITT Corp. declined 2.06% to close the day at $41.89. A total of 0.98 million shares were traded, which is above the three months average volume of 0.72 million. The stock oscillated between $41.87 and $43.48 during the trading session. Shares of the company traded at a PE ratio of 6.84. ITT Corp.'s shares have fallen by 4.16% in the previous three trading sessions, 4.25% in the last one month and 3.52% on YTD basis. The stock is trading above its 200-day moving average. ITT Corp.'s 50-day moving average of $42.35 is above the 200-day moving average of $37.70. Furthermore, the stock is trading at an RSI of 49.97. Sign up today to read free research on ITT at:
http://www.investor-edge.com/539-ITT-27Mar2014.pdf
Shares in Flowserve Corp. registered a trading volume of 0.98 million shares, as compared with a three months average volume of 1.25 million shares. The stock ended the day at $75.39, down 1.09% after vacillating between $75.38 and $76.77. Shares of the company traded at a PE ratio of 21.88. Flowserve Corp.'s shares have fallen by 2.14% in the previous three trading sessions, 6.43% in the last one month, and 4.36% on YTD basis. The company's stock is trading above its 200-day moving average. Flowserve Corp's 50-day moving average of $76.72 is above the 200-day moving average of $66.64. Additionally, shares of the company are trading at an RSI of 44.14. Sign up today to read free research on FLS at:
http://www.investor-edge.com/539-FLS-27Mar2014.pdf
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