Technical Briefing: CEMEX, Cummins, GenCorp, and EMCOR
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LONDON, July 8, 2013 /PRNewswire/ --
The U.S. equity market rose sharply on Friday, July 5, 2013, as better-than-expected non-farm payroll jobs report for June lifted market sentiment and overshadowed concerns over an early end to Federal Reserve's $85 billion a month bond purchase program. According to figures released by the Labor Department, the U.S. economy added 195,000 jobs in June, following which the S&P 500 closed 1.02% higher. Industrials were among the best performers in the S&P 500 with major movers in the sector including CEMEX S.A.B. de C.V. (ADR) (NYSE: CX), Cummins Inc. (NYSE: CMI), GenCorp Inc. (NYSE: GY), and EMCOR Group Inc. (NYSE: EME). All these companies are tracked by AAAResearchReports.com. Free technical research reports on CX, CMI, GY, and EME can be accessed by signing up at:
http://www.aaaresearchreports.com/register/
Shares in CEMEX S.A.B. de C.V. edged higher on Friday, reversing some of their recent losses. The company's shares ended the day 0.68% higher at $10.43 after oscillating between $10.18 and $10.48. A total of 30.97 million shares were traded which is above the daily average volume of 15.83 million. The company's shares have declined 2.61% in the last three trading sessions. The stock is currently trading below its 50-day moving average, but above its 200-day moving average. Download free report on CX upon registration at:
http://www.AAAResearchReports.com/CX070813.pdf
Cummins Inc.'s stock moved higher on Friday, tracking gains in the broader market. The company's shares ended the day 1.74% higher at $110.79 after fluctuating between $108.74 and $110.84. A total of 908,901 shares were traded which is below the daily average volume of 1.80 million. The company's shares have fallen 1.90% in the last three months. CMI technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/CMI070813.pdf
Shares in GenCorp Inc. rose sharply on Friday as the broader market rallied. The company's shares oscillated between $16.77 and $17.10 before closing the day 2.46% higher at $17.09. A total of 314,903 shares were traded which is below the daily average volume of 930,897. The company's shares are currently trading near their 52-week high of $17.22. Moreover, the stock is trading above its 50-day and 200-day moving averages. In the last three months, the company's shares have gained 24.84%, hence outperforming the S&P 500. A free report on GY can be accessed by registering at:
http://www.AAAResearchReports.com/GY070813.pdf
EMCOR Group Inc.'s stock edged higher on Friday, closing at $41.49, up 1.07% from its previous closing price. The company's shares fluctuated between $40.78 and $41.67. A total of 188,539 shares were traded which is below the daily average volume of 273,940. The company's shares are currently trading near their 52-week high of $42.69. In the last three months, the stock has gained 6.06%, thus outperforming the S&P 500 which has gained 5.06% in the same period. The company's shares are currently trading above their 50-day and 200-day moving averages. Register with AAA Research Reports and download research on EME for free at:
http://www.AAAResearchReports.com/EME070813.pdf
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SOURCE AAA Research Reports
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