Pre-Market Technical Scan on Machinery Equities -- Flowserve, Gardner Denver, Graco, and Illinois Tool Works
NEW YORK, Jan. 18, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on FLS, GDI, GGG, and ITW which can be accessed for free by signing up to www.wallstequities.com/registration. On Wednesday, January 17, 2018, US markets saw broad based gains with eight out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of yesterday's session. The NASDAQ Composite ended the day at 7,298.28, up 1.03%; the Dow Jones Industrial Average edged 1.25% higher, to finish at 26,115.65; and the S&P 500 closed at 2,802.56, up 0.94%. This Thursday morning, WallStEquities.com looks at the performance of these four Diversified Machinery stocks: Flowserve Corp. (NYSE: FLS), Gardner Denver Holdings Inc. (NYSE: GDI), Graco Inc. (NYSE: GGG), and Illinois Tool Works Inc. (NYSE: ITW). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Flowserve
On Wednesday, shares in Irving, Texas headquartered Flowserve Corp. recorded a trading volume of 1.68 million shares, which was above their three months average volume of 1.39 million shares. The stock ended the session 3.71% lower at $43.38. The Company's shares have gained 7.91% in the last month. The stock is trading above its 50-day moving average by 5.35%. Moreover, shares of Flowserve, which designs, manufactures, distributes, and services industrial flow management equipment worldwide, have a Relative Strength Index (RSI) of 57.39.
On January 16th, 2018, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $43 a share to $47 a share. Get the full research report on FLS for free by clicking below at:
www.wallstequities.com/registration/?symbol=FLS
Gardner Denver Holdings
Milwaukee, Wisconsin headquartered Gardner Denver Holdings Inc.'s stock closed the day 0.40% lower at $34.96 with a total trading volume of 868,371 shares. The Company's shares have advanced 10.32% in the past month and 29.87% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 9.65% and 33.18%, respectively. Additionally, shares of Gardner Denver, which provides mission-critical flow control and compression equipment; and associated aftermarket parts, consumables, and services in the US, EMEA region, and Asia/Pacific, have an RSI of 67.71.
On January 16th, 2018, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $36 a share to $41 a share. Free research on GDI can be accessed at:
www.wallstequities.com/registration/?symbol=GDI
Graco
Shares in Minneapolis, Minnesota headquartered Graco Inc. recorded a trading volume of 754,070 shares, which was above their three months average volume of 722.53 thousand shares. The stock ended yesterday's trading session 1.22% higher at $47.17. The Company's shares have advanced 11.31% over the previous three months and 65.05% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 6.38% and 20.10%, respectively. Furthermore, shares of Graco, which together with its subsidiaries, designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide, have an RSI of 66.05. Sign up today for the free research report on GGG at:
www.wallstequities.com/registration/?symbol=GGG
Illinois Tool Works
Glenview, Illinois headquartered Illinois Tool Works Inc.'s stock finished Wednesday's session 1.06% higher at $171.02 with a total trading volume of 1.14 million shares. The Company's shares have advanced 11.48% over the previous three months and 39.24% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 4.49% and 15.55%, respectively. Additionally, shares of the Company, which manufactures and sells industrial products and equipment worldwide, have an RSI of 66.33.
On January 16th, 2018, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $176 a share to $186 a share. Wall St. Equities' research coverage also includes the downloadable free report on ITW at:
www.wallstequities.com/registration/?symbol=ITW
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