Materials Sector Stocks Review -- Research on Rock-Tenn, Sonoco Products, Schnitzer Steel Industries, and Polymet Mining
Editor Note: For more information about this release, please scroll to bottom
LONDON, April 22, 2014 /PRNewswire/ --
On Monday, April 21, 2014, the NASDAQ Composite ended at 4,121.55, up 0.64%, the Dow Jones Industrial Average finished the session 0.25% higher at 16,449.25, and the S&P 500 closed at 1,871.89, up 0.38%. The gains were broad based as eight out of ten sectors posted gains. The S&P 500 Materials Sector Index finished the day at 299.77, up 0.09%, and it has edged 0.16% higher in the previous one month. Investor-Edge has initiated coverage on the following equities: Rock-Tenn Co. (NYSE: RKT), Sonoco Products Co. (NYSE: SON), Schnitzer Steel Industries Inc. (NASDAQ: SCHN) and Polymet Mining Corp. (NYSE MKT: PLM). Free technical research on RKT, SON, SCHN and PLM can be downloaded upon signing up at:
http://www.investor-edge.com/1507-register
Rock-Tenn Co.'s stock edged 0.24% higher on Monday, ending the day at $99.21. The stock recorded a trading volume of 0.47 million shares,which is below its three months average volume of 0.69 million shares. The stock oscillated between $98.45 and $99.63 during the trading session. The company's stock traded at a PE ratio of 13.05. Rock-Tenn Co.'s shares have gained 1.64% in the previous three trading sessions, while it has declined, 5.18% in the last one month and 5.52% since the beginning of this year respectively. The stock is trading below its 50-day and 200-day moving averages of $105.77 and $105.50, respectively. Moreover, the shares of the company have a Relative Strength Index of 37.45. Sign up today to read free research on RKT at:
http://www.investor-edge.com/1507-RKT-22Apr2014.pdf
On Monday, Sonoco Products Co.'s stock recorded a trading volume of 0.36 million shares, which was below its three months average volume of 0.47 million shares. The stock ended the day at $42.20, which was 0.26% higher than its previous day's closing, and registered an intraday range of $41.71 and $42.25. Sonoco Products Co.'s shares have gained, 1.32% in the previous three trading sessions, 2.58% in the last one month and 1.15% on YTD basis respectively. The company's stock is trading above its 50-day and 200-day moving averages of $41.38 and $40.06, respectively. Furthermore, the stock traded at a PE ratio of 18.16 and has an RSI of 58.21. Sign up today to read free research on SON at:
http://www.investor-edge.com/1507-SON-22Apr2014.pdf
Shares in Schnitzer Steel Industries Inc. fluctuated between $27.38 and $28.19 before ending the trading session 0.04% lower at $27.80. Shares in Schnitzer Steel Industries Inc. reported a trading volume of 0.21 million shares, which is below its three months average volume of 0.29 million shares. Schnitzer Steel Industries Inc.'s shares have declined, 1.21% in the previous three trading sessions, 3.41% in the last one month and 14.91% on YTD basis respectively. The company's stock is trading above its 50-day moving average. Schnitzer Steel Industries Inc.'s 200-day moving average of $27.86 is above its 50-day moving average of $26.90. Additionally, shares of the company have an RSI of 49.81. Sign up today to read free research on SCHN at:
http://www.investor-edge.com/1507-SCHN-22Apr2014.pdf
Polymet Mining Corp.' stock declined 1.85% on Monday, closing the day at $1.33. A total of 0.11 million shares were traded, which was below its three months average volume of 0.48 million shares. The stock moved between $1.33 and $1.38 during the session. The stock has advanced 1.53% in the last one month and 46.64% since the beginning of this year, while it has lost 2.92% over the previous three trading sessions. The company shares are trading above their 50-day and 200-day moving averages of $1.29 and $0.97, respectively. Moreover, the company's stock has an RSI of 51.11. Sign up today to read free research on PLM at:
http://www.investor-edge.com/1507-PLM-22Apr2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is 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 by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article