Technical Briefing: Allegheny Technologies, Precision Castparts, Carpenter
Technology, and Reliance Steel & Aluminum
LONDON, July 15, 2013
LONDON, July 15, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Friday, July 12, 2013, shares in metal fabrication companies ended mostly
lower even as the broader market posted gains. The major movers in the
industry included Allegheny Technologies Incorporated (NYSE: ATI), Precision
Castparts Corp. (NYSE: PCP), Carpenter Technology Corporation (NYSE: CRS), and
Reliance Steel & Aluminum (NYSE: RS). All these companies are tracked by
AAAResearchReports.com. Free technical research reports on ATI, PCP, CRS, and
RS can be accessed by signing up at:
Shares in Allegheny Technologies Inc. fell sharply on Friday even as the
broader market posted gains. The company's shares ended the day 2.29% lower at
$27.35 after oscillating between $27.21 and $27.90. A total of 1.12 million
shares were traded which is below the daily average volume of 1.69 million.
Despite Friday's sharp decline, Allegheny's shares have gained 0.89% in the
last three trading sessions. Download free report on ATI upon registration at:
Precision Castparts Corp.'s stock moved lower on Friday, reversing most of its
gains from previous trading sessions. The company's shares fluctuated between
$222.27 and $238.40 before finishing the day 1.09% lower at $234.69. A total
of 2.32 million shares were traded which is above the daily average volume of
716,986. Precision Castparts' shares gained 0.32% in the last three trading
sessions and 24.22% in the last three months. PCP technical report can be
accessed for free by signing up at:
Shares in Carpenter Technology Corporation moved lower on Friday, reversing
some of its gains from previous trading sessions. The company's shares
oscillated between $48.03 and $49.28 before closing the session 1.38% lower at
$48.52. A total of 292,570 shares were traded which is slightly below the
daily average volume of 305,907. The company's shares have gained 2.91% in the
last three trading sessions and 4.41% in the last three months. A free report
on CRS can be accessed by registering at:
Reliance Steel & Aluminum's stock edged lower on Friday, closing at $66.89,
down 0.61% from its previous closing price. The company's shares fluctuated
between $66.28 and $67.75. A total of 425,349 shares were traded which is
slightly below the daily average volume of 447,620. Despite Friday's pullback,
the company's shares gained 1.15% last week. The stock is currently trading
above its 50-day and 200-day moving averages. Register with AAA Research
Reports and download research on RS for free at:
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