Review on Machinery Stocks - Meritor, Cummins, Trinity Industries, Deere, and AGCO Corp.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, October 7, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Meritor Inc. (NYSE: MTOR), Cummins Inc. (NYSE: CMI), Trinity Industries Inc. (NYSE: TRN), Deere and Company (NYSE: DE), and AGCO Corporation (NYSE: AGCO). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Monday, October 06, 2014, the NASDAQ Composite ended at 4,454.80, down 0.47%, the Dow Jones Industrial Average finished the day 0.10% lower at 16,991.91, and the S&P 500 closed at 1,964.82, down 0.16%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Industrials Sector Index ended the day at 453.58, down 0.33%, and the index has declined 2.76% in the last one month. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
On Monday, Meritor Inc.'s stock recorded a trading volume of 2.07 million shares, higher than its three months average volume of 1.44 million shares. The stock finished the day flat at the previous day's closing price of $10.95, and registered an intraday range of $10.80 and $11.12. Meritor Inc.'s shares have plummeted 21.51% in the last one month and 15.12% in the past three months. However, the stock has surged 4.99% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $12.97 is above its 200-day moving average of $12.31. Additionally, shares of Meritor Inc. have a Relative Strength Index (RSI) of 27.61. Sign up and read the free notes on MTOR at:
www.Investor-Edge.com/MTOR-07Oct2014
Cummins Inc.'s stock advanced 0.76%, to close Monday's session at $136.13, after oscillating between $135.41 and $136.76. The stock recorded a trading volume of 1.80 million shares, above its three months average volume of 1.51 million shares. Over the last one month and past three months, Cummins Inc.'s shares have lost 4.55% and 13.71%, respectively. Also, from the beginning of 2014, the stock has fallen by 3.43%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $144.44 is above its 50-day moving average of $140.40. Further, Cummins Inc.'s stock traded at a PE ratio of 17.13 and has an RSI of 41.89. The complimentary notes on CMI can be downloaded as in PDF format at:
www.Investor-Edge.com/CMI-07Oct2014
On Monday, shares in Trinity Industries Inc. finished the session 0.56% lower at $41.18. A total of 3.57 million shares were traded, which was above its three months average volume of 2.77 million shares. The stock moved between $40.62 and $42.08 during the session. Over the last one month and past three months, Trinity Industries Inc.'s shares have declined 15.08% and 8.26%, respectively. However, the stock has rallied 51.06% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $46.30 is greater than its 200-day moving average of $38.77. Shares of Trinity Industries Inc. traded at a PE ratio of 10.83 with an RSI of 27.05. Register for free on Investor-Edge and access the latest research on TRN at:
www.Investor-Edge.com/TRN-07Oct2014
Deere and Co.'s stock fluctuated between $82.28 and $82.94 before ending Monday's session up 0.83%, at $82.84. The stock reported a trading volume of 2.66 million shares, below its three months average volume of 3.61 million shares. Further, Deere and Co.'s shares have gained 1.58% over the past three trading sessions and 0.06% over the last one month. However, the stock has lost 9.30% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $88.30 is greater than its 50-day moving average of $84.14. Moreover, shares of Deere and Co. traded at a PE ratio of 8.93 and have an RSI of 40.34. The complete research on DE is available for free at:
www.Investor-Edge.com/DE-07Oct2014
AGCO Corp.'s stock gained 1.42%, to close Monday's session at $47.10, after vacillating between $46.57 and $47.37. The stock recorded a trading volume of 1.62 million shares, above its three months average volume of 1.36 million shares. Over the last one month, AGCO Corp.'s shares have declined 2.40%. Also, over the past three months and from the beginning of 2014, the stock has plummeted 16.01% and 20.43%, respectively. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $52.89 is above its 50-day moving average of $47.86. Further, AGCO Corp.'s stock traded at a PE ratio of 8.91 and has an RSI of 45.82. Free in depth research on AGCO is available at:
www.Investor-Edge.com/AGCO-07Oct2014
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