Stocks Marking New Highs -- Research on Garmin, Cimarex Energy, Ferro, and Wabtec

LONDON, March 24, 2014 /PRNewswire/ --

On Friday, March 21, 2014, the NASDAQ Composite finished at 4,276.79, down 0.98%. The Dow Jones Industrial Average closed the session at 16,302.77, down 0.17% and the S&P 500 ended the day at 1,866.52, lower by 0.29%. The losses were narrow based with four out of ten sectors ending the session in negative. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Garmin Ltd (NASDAQ: GRMN), Cimarex Energy Co. (NYSE: XEC), Ferro Corp. (NYSE: FOE) and Wabtec Corp. (NYSE: WAB). Free technical research on GRMN, XEC, FOE and WAB can be downloaded upon signing up at:

http://www.investor-edge.com/427-register


Garmin Ltd's stock traded in the range of $54.84 and $55.69 during Friday's session, hitting a new 52-week high of $55.69. The company's stock reported a gain of 0.84%, ending the day at $55.10. A total of 2.02 million shares were traded, which is above a 3-month average volume of 1.35 million shares. The company's shares have gained 6.02% in the last one month and 19.42% in the previous three months. The S&P 500 Consumer Discretionary sector Index posted gains of 0.35% in the last one month, while the same has fallen by 0.63% in the previous three months. The company's shares traded at PE ratio of 18.53 and were up 19.29% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $49.15 and $44.28, respectively. Moreover, the company's shares were trading at a Relative Strength Index (RSI) of 67.90. Sign up today to read free research on GRMN at:

http://www.investor-edge.com/427-GRMN-24Mar2014.pdf


On Friday, Shares in Cimarex Energy Co. closed the day at $119.05, up 2.26%, hitting a new 52-week high of $119.73. The stock recorded a trading volume of 1.78 million shares, compared with a 3-month average volume of 1.13 million shares. Cimarex Energy Co.'s shares were traded at a PE ratio of 21.88 and were up 13.48% on YTD basis. Shares of the company have advanced 5.81% in the last one month and surged 15.68% in the previous three months. The stock has witnessed a gain of 2.95% in the previous three trading sessions. The S&P 500 Energy sector Index mapped a gain of 0.26% during the session, while the same has declined 0.15% during the previous three trading sessions. The stock is trading above its 50-day and 200-day moving averages. Cimarex Energy Co.'s 50-day moving average of $106.88 is above the 200-day moving average of $93.52. The stock has an RSI of 66.33. Sign up today to read free research on XEC at:

http://www.investor-edge.com/427-XEC-24Mar2014.pdf


Ferro Corp.'s stock gained 2.87%, to finish the day at $14.68, hitting a new 52-week high of $14.97, on Friday. The stock recorded a trading volume of 2.20 million shares, compared with a 3-month average volumes of 0.78 million shares during the Friday's session. The company's shares traded at a PE ratio of 17.42 and were up 14.42% on YTD basis. Shares of Ferro Corp. have surged 12.15% in the last one month and 14.51% in the previous three months. The S&P 500 Materials sector Index mapped a gain of 0.47% during the session and the same has advanced 3.80% during the last three months. The company's stock is trading above its 50-day and 200-day moving averages of $13.26 and $10.50, respectively. Furthermore, the company's shares were trading at an RSI of 73.09. Sign up today to read free research on FOE at:

http://www.investor-edge.com/427-FOE-24Mar2014.pdf


Wabtec Corp.'s stock finished Friday's session at $81.46, reporting 0.52% gain after hitting a new 52-weeks high of $82.42. A total of 2.28 million shares were traded, as compared to a 3-months average volume of 0.58 million shares. The company's stocks fluctuated between $80.96 and $82.42 during the trading session. The company's shares have advanced 4.13% in the last one month and 10.74% in the previous three months. Wabtec Corp.'s stocks traded at PE ratio of 27.15 and were up 9.68% on YTD basis. The S&P 500 Industrials sector Index mapped a gain of 0.09% during the session and charted up by 0.03% during the last one month. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $76.54 is above the 200-day moving average of $65.78. The Wabtec Corp.'s has an RSI of 65.79. Sign up today to read free research on WAB at:

http://www.investor-edge.com/427-WAB-24Mar2014.pdf


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