Pre-Market Scans on Machinery Stocks -- Research on Harsco, Mueller Water Products, Pentair, and Parker Hannifin

LONDON, May 16, 2014 /PRNewswire/ --

On Thursday, May 15, 2014, the NASDAQ Composite ended at 4,069.29, down 0.76%, the Dow Jones Industrial Average finished the day 1.01% lower at 16,446.81, and the S&P 500 closed at 1,870.85, down 0.94%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Industrials Sector Index ended the day at 456.19, down 0.98%, while the index has advanced 2.95% in the last three months. Investor-Edge has initiated coverage on the following equities: Harsco Corporation (NYSE: HSC), Mueller Water Products Inc. (NYSE: MWA), Pentair Ltd (NYSE: PNR) and Parker Hannifin Corporation (NYSE: PH). Free technical research on HSC, MWA, PNR and PH can be downloaded upon signing up at:

http://www.investor-edge.com/2650-register

On Thursday, shares in Harsco Corp. recorded a trading volume of 0.67 million shares, lower than its three months average volume of 0.73 million shares. The stock ended the day at $26.14, which was 2.64% below its previous day's closing of $26.85, and registered an intraday range of $25.66 and $26.80. Shares of the company traded at a PE ratio of 23.36. Although Harsco Corp.'s stock has lost 6.74% since from the beginning of 2014, it has advanced 13.41% in the last one month and 4.14% in the previous three months. The company's stock is trading above its 50-day and 200-day moving averages of $23.43 and $25.30, respectively. Furthermore, shares of the company have a Relative Strength Index (RSI) of 82.62. Sign up today to read free research on HSC at:

http://www.investor-edge.com/2650-HSC-16May2014.pdf

Mueller Water Products Inc.'s stock finished the Thursday's session 2.66% lower at $8.42. A total of 2.66 million shares were traded, which was above its three months average volume of 1.05 million shares. The stock moved between $8.30 and $8.60 during the session. Over the previous three trading sessions and over the last three months, Mueller Water Products Inc.'s shares have declined 6.34% and 6.03%, respectively. Additionally, from the beginning of 2014, the company's stock has fallen by 10.14%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $9.32 is greater than its 200-day moving average of $8.66. Mueller Water Products Inc.'s stock traded at a PE ratio of 33.60 and has an RSI of 38.72. Sign up today to read free research on MWA at:

http://www.investor-edge.com/2650-MWA-16May2014.pdf

On Thursday, shares in Pentair Ltd fluctuated between $73.03 and $74.87 before ending the session 1.49% lower at $74.10. Pentair Ltd's stock reported a trading volume of 1.85 million shares, above its three months average volume of 1.31 million shares. Shares of the company traded at a PE ratio of 22.49. Pentair Ltd's shares have declined 3.04% in the previous three trading sessions, 4.67% in the last one month and 4.60% on YTD basis. The stock is trading above its 200-day moving average of $71.62, while the 200-day moving average is below Pentair Ltd's 50-day moving average of $77.73. Moreover, shares of the company have an RSI of 45.68. Sign up today to read free research on PNR at:

http://www.investor-edge.com/2650-PNR-16May2014.pdf

On Thursday, Parker Hannifin Corp.'s declined 1.90%, to close the day at $122.56. The stock recorded a trading volume of 1.19 million shares, above its three months average volume of 1.01 million shares. The stock oscillated between $121.59 and $124.80 during the session. Over the last one month and over the previous three months, Parker Hannifin Corp.'s shares have gained 1.06% and 4.00%, respectively. However, the stock has lost 4.73% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $122.14 and $115.91, respectively. Additionally, the stock traded at a PE ratio of 16.86 and has an RSI of 54.18. Sign up today to read free research on PH at:

http://www.investor-edge.com/2650-PH-16May2014.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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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, represented by Rohit Tuli, CFA. An outsourced research services provider 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?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED