Updates on Machinery Stocks -- Meritor, Westport Innovations, Colfax, Kennametal, and Stanley Black and Decker
Editor Note: For more information about this release, please scroll to bottom.
LONDON, December 19, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Meritor Inc. (NYSE: MTOR), Westport Innovations Inc. (NASDAQ: WPRT), Colfax Corporation (NYSE: CFX), Kennametal Inc. (NYSE: KMT), and Stanley Black and Decker Inc. (NYSE: SWK). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Thursday, December 18, 2014, rallied as the Dow Jones Industrial Average finished at 17,778.15, up 2.43% and the NASDAQ Composite closed at 4,748.40, up 2.24%. The S&P 500 finished the session 2.40% higher at 2,061.23. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Industrials Sector Index ended the day at 484.28, up 2.47%, with the index advancing 3.04% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Meritor Inc.'s stock surged 3.36%, to close the day at $14.44. The stock recorded a trading volume of 1.53 million shares, below its three months average volume of 1.71 million shares. The company's shares oscillated between $14.11 and $14.61 during the session. Over the last three trading sessions and over the past three months, Meritor Inc.'s shares have advanced 4.94% and 8.49%, respectively. Further, the stock has surged 38.45% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Meritor Inc.'s shares 200-day moving average of $12.77 is above its 50-day moving average of $12.52. Additionally, the stock traded at a PE ratio of 14.43 and has a Relative Strength Index (RSI) of 53.66. Sign up and read the free notes on MTOR at:
http://get.Investor-Edge.com/pdf/?c=Meritor&d=19-Dec-2014&s=MTOR
On Thursday, shares in Westport Innovations Inc. recorded a trading volume of 1.29 million shares, which was at par with its three months average volume. The stock ended the day at $3.60, which was 2.44% below its previous day's closing of $3.69, and registered an intraday range of $3.56 and $3.83. Westport Innovations Inc.'s shares have gained 4.35% in the previous three trading sessions, while the stock has plummeted 37.61% in the last one month and 81.64% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $5.34 and $12.48, respectively. Furthermore, shares of Westport Innovations Inc. have an RSI of 31.93. The complimentary notes on WPRT can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Westport%20Innovations&d=19-Dec-2014&s=WPRT
Colfax Corp.'s stock rallied 4.89% to end Thursday's session at $49.51. The stock recorded a trading volume of 1.84 million shares, above its three months average volume of 1.11 million shares. The company's shares fluctuated between $47.75 and $49.78 during the session. Shares of the company traded at a PE ratio of 16.77. Colfax Corp.'s shares have declined 22.26% since the beginning of 2014. Further, the stock has lost 4.62% over the last one month and 19.95% in the previous three months. The stock is trading below its 50-day and 200-day moving averages. Colfax Corp.'s shares 200-day moving average of $64.54 is above its 50-day moving average of $52.32. Additionally, the stock has an RSI of 31.09. Register for free on Investor-Edge and access the latest research on CFX at:
http://get.Investor-Edge.com/pdf/?c=Colfax&d=19-Dec-2014&s=CFX
On Thursday, shares in Kennametal Inc. fluctuated between $34.56 and $35.06 before ending the session 2.31% higher at $34.98. The stock reported a trading volume of 0.68 million shares, lower than its three months average volume of 0.72 million shares. Shares of the company traded at a PE ratio of 15.18. Although Kennametal Inc.'s stock has advanced 3.98% in the previous three trading sessions, it has lost 13.33% in the last one month and 32.82% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $38.22 and $43.19, respectively. Moreover, shares of Kennametal Inc.'s have an RSI of 32.29. The complete research on KMT is available for free at:
http://get.Investor-Edge.com/pdf/?c=Kennametal&d=19-Dec-2014&s=KMT
Shares in Stanley Black and Decker Inc. finished Thursday's session 2.14% higher at $96.41. A total of 1.09 million shares were traded, which was below its three months average volume of 1.23 million shares. The stock vacillated between $95.16 and $96.42 during the session. Over the previous three trading sessions and over the past three months, Stanley Black and Decker Inc.'s shares have advanced 3.77% and 3.16%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 19.48%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $91.89 is greater than its 200-day moving average of $87.84. Stanley Black and Decker Inc.'s stock traded at a PE ratio of 18.37 and has an RSI of 52.04. Free in depth research on SWK is available at:
http://get.Investor-Edge.com/pdf/?c=Stanley%20Black%20and%20Decker&d=19-Dec-2014&s=SWK
About Investor-Edge.com
At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article