LONDON, July 14, 2014 /PRNewswire/ --
On Friday, July 11, 2014, the NASDAQ Composite ended at 4,415.49, up 0.44%, the Dow Jones Industrial Average finished the session at 16,943.81, up 0.17% and the S&P 500 closed at 1,967.57, up 0.15%. During the trading session, eight out of the ten sectors finished on a higher note. The S&P 500 Industrials Sector Index ended the day 0.58% higher at 465.79, while the index has declined 0.60% in the previous one month. Investor-Edge has initiated coverage on the following equities: Meritor Inc. (NYSE: MTOR), Illinois Tool Works Inc. (NYSE: ITW), Rexnord Corp. (NYSE: RXN) and Xylem Inc. (NYSE: XYL). Free technical research on MTOR, ITW, RXN and XYL can be downloaded upon signing up at:
http://www.investor-edge.com/4808-register
Meritor Inc.'s stock declined 0.87% on Friday, closing the session at $12.60. A total of 0.73 million shares were traded, which was below its three months average volume of 1.77 million shares. The stock moved between $12.54 and $12.75 during the session. Meritor Inc.'s stock has fallen by 0.40% in the previous three trading sessions and 9.55% in the last one month. However, the company's shares have gained 20.81% from the beginning of 2014. The company's stock is trading below its 50-day moving average. The stock's 50-day moving average of $13.64 is above its 200-day moving average of $10.74. Furthermore, Meritor Inc.'s stock has a Relative Strength Index (RSI) of 37.81. Sign up today to read free research on MTOR at:
http://www.investor-edge.com/4808-MTOR-14Jul2014.pdf
Shares in Illinois Tool Works Inc. recorded a trading volume of 1.24 million shares, which was near its three months average volume of 1.74 million shares. On Friday, the stock finished the day at $85.90, which was 0.29% higher its previous day's closing of $85.65, and registered an intraday range of $85.47 and $86.15. Shares in Illinois Tool Works Inc. have declined 1.07% in the previous three trading sessions and 2.59% in the last one month, while the company's shares have advanced 2.16% on YTD basis. Illinois Tool Works Inc.'s stock is trading below its 50-day moving average. The stock's 50-day moving average of $87.08 is above its 200-day moving average of $82.00. Further, the company's stock traded at a PE ratio of 21.73 and has an RSI of 38.69. Sign up today to read free research on ITW at:
http://www.investor-edge.com/4808-ITW-14Jul2014.pdf
On Friday, Rexnord Corp.'s stock edged 0.24% higher, closing the day at $29.27. The stock recorded a trading volume of 0.64 million shares, which was close to its three months average volume of 0.79 million shares. Rexnord Corp.'s stock oscillated between $29.15 and $29.31 during the session. Shares of the company traded at a PE ratio of 23.98. Shares in Rexnord Corp. have gained 1.63% in the previous three trading sessions and 3.06% in the last one month. Moreover, the company's shares are up 8.37% on YTD basis. Rexnord Corp.'s shares are trading above their 50-day and 200-day moving averages of $27.75 and $26.43, respectively. Additionally, the company's stock has an RSI of 62.52. Sign up today to read free research on RXN at:
http://www.investor-edge.com/4808-RXN-14Jul2014.pdf
Xylem Inc.'s stock fluctuated between $36.77 and $37.33 before ending the session 0.38% lower at $37.10. On Friday, the company's stock reported a trading volume of 1.03 million shares, at par with its three months average volume. The company's stock traded at a PE ratio of 23.02. Over the previous three trading sessions and in the last one month, Xylem Inc.'s stock has lost 0.70% and 3.89%, respectively, while the stock has gained 7.23% on YTD basis. Xylem Inc.'s stock is trading below its 50-day moving average. The stock's 50-day moving average of $37.99 is above its 200-day moving average of $35.26. Additionally, the company's shares have an RSI of 37.65. Sign up today to read free research on XYL at:
http://www.investor-edge.com/4808-XYL-14Jul2014.pdf
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