Metals and Mining Stocks Coverage - Cliffs Natural Resources, ArcelorMittal, Rio Tinto, BHP Billiton, and Teck Resources
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LONDON, September 16, 2014 /PRNewswire/ --
The US markets on Monday, September 15 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,031.14, up 0.26% and the NASDAQ Composite closed at 4,518.90, down 1.07%. The S&P 500 finished the session 0.07% lower at 1,984.13. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Materials Sector Index ended the day at 313.13, up 0.17%, with the index advancing 1.33% in the previous three months. Investor-Edge has initiated coverage on the following equities: Cliffs Natural Resources Inc. (NYSE: CLF), ArcelorMittal (NYSE: MT), Rio Tinto PLC (NYSE: RIO), BHP Billiton Ltd (NYSE: BHP), and Teck Resources Ltd. (NYSE: TCK). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Shares in Cliffs Natural Resources Inc. finished Monday's session 5.94% higher at $14.98. A total of 9.28 million shares were traded, which was above its three months average volume of 5.93 million shares. The stock vacillated between $14.21 and $15.01 during the session. Over the previous three trading sessions and over the last three months, Cliffs Natural Resources Inc.'s shares have advanced 8.39% and 5.94%, respectively. However, from the beginning of 2014, the stock has lost 42.85%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $18.74 is greater than its 50-day moving average of $15.86. Cliffs Natural Resources Inc.'s stock traded at a PE ratio of 16.76 and has a Relative Strength Index (RSI) of 34.79. Sign up and read the free notes on CLF at:
www.Investor-Edge.com/CLF-16Sep2014
On Monday, shares in ArcelorMittal fluctuated between $14.21 and $14.30 before ending the session 0.07% higher at $14.30. The stock reported a trading volume of 4.22 million shares, lower than its three months average volume of 4.52 million shares. ArcelorMittal's shares have advanced 3.92% in the last one month, while the stock has fallen by 1.99% in the previous three trading sessions and 19.84% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $14.57 and $15.74, respectively. Moreover, shares of ArcelorMittal have an RSI of 46.11. The complimentary notes on MT can be downloaded as in PDF format at:
www.Investor-Edge.com/MT-16Sep2014
Rio Tinto PLC's stock edged 0.73% higher, to close the day at $52.66. The stock recorded a trading volume of 2.18 million shares, below its three months average volume of 2.27 million shares. The company's shares oscillated between $52.57 and $52.93 during the session. Over the previous three trading sessions and over the past three months, Rio Tinto PLC's shares have advanced 0.48% and 2.05%, respectively. However, the stock has lost 8.15% in the last one month. The company's stock is trading below its 50-day and 200-day moving averages. Rio Tinto PLC's 50-day moving average of $56.14 is above its 200-day moving average of $54.70. Additionally, the stock has an RSI of 31.62. Register for free on Investor-Edge and access the latest research on RIO at:
www.Investor-Edge.com/RIO-16Sep2014
On Monday, shares in BHP Billiton Ltd. recorded a trading volume of 2.70 million shares, higher than its three months average volume of 1.73 million shares. The stock ended the day at $64.61, which was 0.84% below its previous day's closing of $65.16, and registered an intraday range of $64.35 and $64.90. BHP Billiton Ltd.'s stock has fallen by 1.97% in the previous three trading sessions, 10.82% in the last one month, and 5.26% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $70.37 and $68.36, respectively. Furthermore, shares of BHP Billiton Ltd.'s have an RSI of 28.00. The complete research on BHP is available for free at:
www.Investor-Edge.com/BHP-16Sep2014
Teck Resources Ltd.'s stock fell 1.08% to end Monday's session at $21.12. The stock recorded a trading volume of 1.59 million shares, below its three months average volume of 1.80 million shares. The company's shares fluctuated between $20.95 and $21.52 during the session. Shares of the company traded at a PE ratio of 20.62. Teck Resources Ltd.'s shares have lost 18.80% since the start of this year. Further, the stock has fallen by 1.31% over the previous three trading sessions and 8.13% in the last one month. The company's stock is trading below its 50-day and 200-day moving averages. Teck Resources Ltd.'s 50-day moving average of $23.30 is above its 200-day moving average of $23.09. Additionally, the stock has an RSI of 27.09. Free in depth research on TCK is available at:
www.Investor-Edge.com/TCK-16Sep2014
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