Initiating Research Reports on Auto Parts Equities -- Monro Muffler Brake, Workhorse, Tenneco, and WABCO
NEW YORK, August 10, 2017 /PRNewswire/ --
If you want a Stock Review on MNRO, WKHS, TEN, or WBC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Demand for Auto Parts is driven by new car sales, which are strongly affected by interest rates and by the replacement market. Company profitability depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. This morning, DailyStockTracker.com covers the performances of these four stocks: Monro Muffler Brake Inc. (NASDAQ: MNRO), Workhorse Group Inc. (NASDAQ: WKHS), Tenneco Inc. (NYSE: TEN), and WABCO Holdings Inc. (NYSE: WBC). This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
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Monro Muffler Brake
Rochester, New York headquartered Monro Muffler Brake Inc.'s stock finished Wednesday's session 1.06% higher at $47.75. A total volume of 628,179 shares was traded, which was above their three months average volume of 516,930 shares. The Company's shares have advanced 19.67% in the past month. The stock is trading above its 50-day moving average by 4.98%. Furthermore, shares of the Company, which provides automotive undercar repair, and tire sales and services in the US, have a Relative Strength Index (RSI) of 57.89.
On July 20th, 2017, Monro Muffler Brake (MNRO) provided financial results for Q1 ended June 24th, 2017. Sales for Q1 FY18 increased 18.4% to $278.5 million; gross margin decreased 120 basis points to 40.5%; operating income was $33.7 million; and net income was $17.6 million. MNRO also opened seven and closed six Company-operated locations, ending the quarter with 1,119 Company-operated stores. Visit us today and access our complete research report on MNRO at:
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Workhorse
Shares in Loveland, Ohio headquartered Workhorse Group Inc. ended at $2.64, up 0.38% from the last trading session. The stock recorded a trading volume of 237,932 shares. The Company's shares are trading 21.25% below their 50-day moving average. Moreover, shares of Workhorse, which engages in the design, development, manufacture, and sale of electric medium duty trucks and unmanned aerial delivery systems that are integrated with electric vehicles, have an RSI of 37.05.
On August 01st, 2017, Workhorse announced that Brink's has purchased two, Workhorse Class 5 E-GEN and E-100 chassis, paired with its custom logistics body. The E-100 all-electric truck and the E-GEN electric extended-range truck will be deployed in California and Chicago to enhance the Brink's US fleet with cleaner, more economic vehicles. The complimentary report on WKHS can be downloaded at:
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Tenneco
Lake Forest, Illinois headquartered Tenneco Inc.'s stock ended yesterday's session 1.14% lower at $54.51 with a total trading volume of 445,636 shares. The Company's shares are trading 4.37% below their 50-day moving average. Shares of the Company, which designs, manufactures, and distributes clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide, have an RSI of 41.72.
On July 12th, 2017, Tenneco announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's common stock. The dividend will be payable on September 26th, 2017, to shareholders of record as of September 07th, 2017. Register for free on DailyStockTracker.com and access the latest research report on TEN at:
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WABCO Holdings
On Wednesday, shares in Brussels, Belgium headquartered WABCO Holdings Inc. recorded a trading volume of 219,934 shares. The stock finished 0.45% lower at $138.53. The Company's shares have advanced 8.73% in the last one month, 16.44% in the previous three months, and 30.50% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.39% and 20.15%, respectively. Furthermore, shares of WABCO, which together with its subsidiaries, provides electronic, mechanical, electro-mechanical, and aerodynamic products for commercial truck, bus, trailer, and passenger car manufacturers worldwide, have an RSI of 66.14.
On July 17th, 2017, WABCO announced that WABCO INDIA Limited has been honored with the 2016 Total Productive Maintenance Excellence Award from the Japan Institute of Plant Maintenance. WABCO INDIA received the prestigious award for its Mahindra World City lean manufacturing facility in Chennai, India. Get free access to your research report on WBC at:
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SOURCE Chelmsford Park SA
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