Today's Research: Allegheny Technologies Inc., Precision Castparts Corp.,
Reliance Steel & Aluminum Co., and Carpenter Technology Corp.
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LONDON, November 12, 2013
LONDON, November 12, 2013 /PRNewswire/ --
The U.S. equity market edged higher on Monday, November 11, 2013. All three
benchmark indexes posted gains, with the S&P 500, the Dow Jones Industrial
Average, and the NASDAQ Composite gaining 0.07%, 0.14% and 0.01% respectively.
Shares in the metal fabrication industry finished on a mixed note, even as the
broader market edged higher. The major movers in the industry included
Allegheny Technologies Inc. (NYSE: ATI), Precision Castparts Corp. (NYSE:
PCP), Reliance Steel & Aluminum Co. (NYSE: RS), and Carpenter Technology Corp.
(NYSE: CRS). AAAResearchReports.com has completed their technical analysis on
ATI, PCP, RS, and CRS and these free reports are accessible by registering at:
Shares in Allegheny Technologies Inc. ended the day at$33.81, down 0.03%,
after fluctuating between$33.53 and$33.92 during the trading session. A
total of 0.60 million shares were traded, which is below the daily average
volume of 1.36 million. The company's shares have gained 16.63% in the
previous three months and 9.35% in the last one month, outperforming the S&P
500, which has gained 4.76% and 4.03% during the respective periods. Despite
Monday's decline, Allegheny Technologies Inc.'s stock is trading near its
52-week high of $34.30 and also above its 50-day and 200-day moving averages
of $31.05 and $29.48, respectively. Sign up for free technical research on ATI
Precision Castparts Corp.'s stock fell by 1.18% on Monday, even as the broader
market edged higher. The company's shares closed the day at $248.15 after
oscillating between $246.61 and $250.07 during the trading session. A total of
0.48 million shares were traded, which is below the daily average volume of
0.65 million. Despite Monday's pullback, the company's shares have surged
13.55% in the previous three months, outperforming the S&P 500, which has
advanced 4.76% during the same period. Further, Precision Castparts Corp.'s
stock is trading above its 50-day and 200-day moving averages of $236.76 and
$212.86, respectively. Be sure to read our latest technical research on PCP
by registering at:
Shares in Reliance Steel & Aluminum Co. advanced 0.19% on Monday, closing the
day at $75.42, after fluctuating between $74.90 and $75.44 during the trading
session. A total of 0.23 million shares were traded, which is below the daily
average volume of 0.43 million. Reliance Steel & Aluminum Co.'s stock has
gained 1.17% in the previous three trading sessions and 7.51% in the last
three months, outperforming the S&P 500, which has gained 0.08% and 4.76%
during the respective periods. Moreover, the company's stock is trading above
its 50-day and 200-day moving averages of $72.89 and $68.87, respectively.
Sign up and read the complimentary report on RS at:
On Monday, Carpenter Technology Corp.'s stock declined to end the day at
$60.82, which is 0.69% lower than the previous day's closing price of $61.24.
The company's shares vacillated between $60.62 and $61.18 during the trading
session. A total of 0.15 million shares were traded, which is below the daily
average volume of 0.33 million. Despite Monday's losses, the company's shares
have gained 10.32% in the previous three months, outperforming the S&P 500,
which has gained 4.76% during the same period. Furthermore, Carpenter
Technology Corp.'s stock is trading above its 50-day and 200-day moving
averages of $58.83 and $51.34, respectively. The free report on CRS can be
downloaded by signing up now at:
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