Machinery Stocks on Investors' Radar -- General Electric, Honeywell, Danaher, and Eaton
NEW YORK, December 21, 2016 /PRNewswire/ --
On Tuesday, major US indices continues on Monday's Bulls Run as the NASDAQ Composite ended the trading session up 0.49%; the Dow Jones Industrial Average edged 0.46% higher; and the S&P 500 closed up 0.36%. The US markets as a whole was in green as all sectors closed the day positively. Today, Stock-Callers.com evaluates the performance of four stocks within the Machinery space: General Electric Company (NYSE: GE), Honeywell International Inc. (NYSE: HON), Danaher Corporation (NYSE: DHR), and Eaton Corporation PLC (NYSE: ETN). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
General Electric
On Tuesday, shares in Fairfield, Connecticut headquartered General Electric Co. recorded a trading volume of 39.68 million shares, which was higher than their three months average volume of 32.91 million shares. The stock ended the day 1.03% higher at $32.25. Shares of the Company traded at a PE ratio of 32.74. General Electric's stock has advanced 5.15% in the last one month and 8.04% in the previous three months. Furthermore, the stock has gained 8.59% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 6.96% and 6.24%, respectively. Furthermore, shares of General Electric, which operates as an infrastructure and financial services company worldwide, have a Relative Strength Index (RSI) of 67.41.
On December 16th, 2016, research firm Bernstein upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Free research report on GE is available at:
http://stock-callers.com/registration/?symbol=GE
Honeywell
On Tuesday, shares in Morris Plains, New Jersey-based Honeywell International Inc. ended the session 0.36% higher at $117.71 with a total volume of 2.72 million shares traded. Honeywell International's shares have advanced 5.01% in the last one month and 2.14% in the previous three months. Furthermore, the stock has gained 17.27% in the past one year. Shares of the Company, which operates as a diversified technology and manufacturing company worldwide, are trading at a PE ratio of 18.39. The stock is trading 5.62% above its 50-day moving average and 4.22% above its 200-day moving average. Moreover, the Company's shares have an RSI of 67.17. The complimentary research report on HON can be downloaded at:
http://stock-callers.com/registration/?symbol=HON
Danaher
Washington, the District of Columbia headquartered Danaher Corp.'s stock finished Tuesday's session 0.31% higher at $78.85 with a total volume of 5.47 million shares traded. Over the last three months and the previous one year, Danaher's shares have advanced 1.97% and 13.02%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages by 0.66% and 2.95%, respectively. Shares of Danaher, which designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide, are trading at a PE ratio of 25.75. The stock has an RSI of 50.39.
On December 13th, 2016, research firm Morgan Stanley resumed its 'Overweight' rating on the Company's stock. Visit us today and access our complete research report on DHR at:
http://stock-callers.com/registration/?symbol=DHR
Eaton
Dublin, Ireland-based Eaton Corp. PLC's stock edged 0.93% higher, to close the day at $68.45. The stock recorded a trading volume of 2.99 million shares, which was marginally above its three months average volume of 2.96 million shares. Eaton's shares have gained 6.70% in the last one month, 8.42% in the previous three months, and 40.11% in the past one year. The Company's shares are trading 5.20% and 9.27% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which operates as a power management company worldwide, are trading at a PE ratio of 16.12. The stock has an RSI of 57.57.
On December 9th, 2016, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Get free access to your research report on ETN at:
http://stock-callers.com/registration/?symbol=ETN
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