This Morning's Technical Outlook on Farm & Construction Machinery Stocks -- CNH Industrial, Deere, Terex, and Manitowoc
NEW YORK, April 25, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CNHI, DE, TEX, and MTW which can be accessed for free by signing up to www.wallstequities.com/registration. Zacks reported that advancement in the global economy and a strengthening US domestic market will prove beneficial for demand of industrial machinery. Technological advancement in Agriculture and Mining industries will require upgraded farming and mining machineries, while growth in demand for packaged foods and beverages across nations will raise need for highly sophisticated food processing and packaging equipment. Today, WallStEquities.com revisits the Farm and Construction Machinery space to evaluate the recent performance of the following stocks: CNH Industrial N.V. (NYSE CNHI), Deere & Co. (NYSE: DE), Terex Corp. (NYSE: TEX), and The Manitowoc Co. Inc. (NYSE: MTW). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
CNH Industrial
London, the UK headquartered CNH Industrial N.V.'s shares dropped 3.17%, closing Tuesday's trading session at $11.90. The stock recorded a trading volume of 3.93 million shares, which was above its three months average volume of 2.09 million shares. The Company's shares have advanced 14.31% over the past year. The stock is trading 6.20% below its 200-day moving average. Additionally, shares of CNH Industrial, which designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, and buses worldwide, have a Relative Strength Index (RSI) of 38.48.
On April 17th, 2018, CNH Industrial announced that its financial results for Q1 2018 will be released on April 27th, 2018. A live audio webcast of the quarterly conference call will begin at 9:30 a.m. EDT that same day. Get the full research report on CNHI for free by clicking below at: www.wallstequities.com/registration/?symbol=CNHI
Deere
On Tuesday, shares in Moline, Illinois headquartered Deere & Co. recorded a trading volume of 5.17 million shares, which was above their three months average volume of 2.69 million shares. The stock plummeted 5.43%, ending the day at $138.11. The Company's shares have advanced 25.27% over the past year. The stock is trading below its 200-day moving average by 3.01%. Furthermore, shares of Deere, which together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide, have an RSI of 32.68. DE's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=DE
Terex
Westport, Connecticut-based Terex Corp.'s stock finished the day 7.26% lower at $36.64. A total volume of 2.27 million shares was traded, which was above their three months average volume of 1.66 million shares. The Company's shares have advanced 2.20% in the last month and 10.73% over the past year. The stock is trading below its 50-day moving average by 7.24%. Additionally, shares of Terex, which manufactures and sells aerial work platforms, cranes, and materials processing machinery worldwide, have an RSI of 39.09.
On April 10th, 2018, Terex announced that it has increased the size of the revolving credit facility under its Credit Agreement from $450 million to $600 million.
On April 18th, 2018, research firm Seaport Global Securities upgraded the Company's stock rating from 'Neutral' to 'Buy', with a target price of $46 per share. Register for your free research report on TEX at: www.wallstequities.com/registration/?symbol=TEX
Manitowoc
Shares in Manitowoc, Wisconsin headquartered The Manitowoc Co. Inc. ended yesterday's session 9.88% lower at $25.90. The stock recorded a trading volume of 759,706 shares, which was above its three months average volume of 719,240 shares. The Company's shares have advanced 11.83% over the past year. The stock is trading 12.72% below its 50-day moving average. Moreover, shares of Manitowoc, which provides engineered lifting equipment for the construction industry in the Americas, EMEA region, and Asia/Pacific, have an RSI of 32.62. Wall St. Equities' downloadable research report on MTW available at: www.wallstequities.com/registration/?symbol=MTW
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