Early Briefing and Review: Allegheny Technologies Inc., Precision Castparts
Corp., Carpenter Technology Corp., and Reliance Steel & Aluminum Co.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, August 16, 2013
LONDON, August 16, 2013 /PRNewswire/ --
The U.S. equity market saw a sharp decline on Thursday, August 15, 2013. The
S&P 500 fell 1.43%, the Dow Jones Industrial Average declined 1.47%, and the
Nasdaq Composite was down 1.72%. Shares in industrial goods companies ended on
a declining note, tracking losses in the broader market. The major movers in
the sector included Allegheny Technologies Inc. (NYSE: ATI), Precision
Castparts Corp. (NYSE: PCP), Carpenter Technology Corp. (NYSE: CRS), and
Reliance Steel & Aluminum Co. (NYSE: RS). AAAResearchReports.com has released
free charting and technical research on these aforementioned companies.
Register to read these reports at:
Allegheny Technologies Inc. stock moved lower on Thursday as the broader
market ended on a negative note. The company's shares ended the day 2.23%
lower at $27.61 after fluctuating between $27.36 and $27.87. A total of 1.29
million shares were traded which is below the daily average volume of 1.65
million. Allegheny Technologies Inc.'s stock is trading above its 50-day
moving average. Moreover, the stock is up 2.64% in the last one month,
outperforming the S&P 500 which has lost 1.26% during the same period. Sign up
for free report on ATI at:
On Thursday, shares in Precision Castparts Corp. ended lower after fluctuating
between $217.49 and $220.62. The company's shares finished the day 0.88% lower
at $217.58. A total of 0.53 million shares were traded which is below the
daily average volume of 0.71 million. The company's shares have gained 0.65%
in the last three trading sessions, and 2.87% in the last three months,
outperforming the S&P 500 which has lost 1.67% and gained 0.15% in the
respective periods. PCP free technical report can be accessed by signing up
Shares in Carpenter Technology Corp. ended slightly lower on Thursday,
finishing at $55.25, down 0.09% from their previous closing price. The
company's shares oscillated between $54.27 and $55.54. A total of 340,675
shares were traded which is above the daily average volume of 340,553. Despite
Thursday's pullback, Carpenter Technology Corp.'s shares have gained 15.85% in
the last three months, outperforming the S&P 500 which has gained 0.15% during
the same period. Moreover, the shares are trading above their 50-day and
200-day moving averages. A free report on CRS can be accessed by registering
On Thursday, Reliance Steel and Aluminum Co. stock fell sharply 1.81%,
extending the losses from previous trading sessions. The company's shares
ended the day at $69.39 after fluctuating between $68.97 and $70.14. A total
of 0.20 million shares were traded which is below the daily average volume of
0.46 million. The stock is currently trading above its 50-day and 200-day
moving averages. Moreover, the company's shares have gained 2.60% in the last
three months, outperforming the S&P 500 which has gained 0.15% during the same
period. Register with AAA Research Reports and download research on RS for
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