Stock Research Monitor: KMT, SWK, and TKR
LONDON, UK / ACCESSWIRE / June 26, 2018 / If you want a free Stock Review on ATI sign up now at www.wallstequities.com/registration. On Monday, June 25, 2018, US markets saw broad based losses with seven out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 7,532.01, down 2.09%; the Dow Jones Industrial Average edged 1.33% lower, to finish at 24,252.80; and the S&P 500 closed at 2,717.07, down 1.37%. This Tuesday morning, WallStEquities.com looks at the performance of these four Industrial Goods stocks: Kennametal Inc. (NYSE: KMT), Stanley Black & Decker Inc. (NYSE: SWK), The Timken Co. (NYSE: TKR), and Allegheny Technologies Inc. (NYSE: ATI). All you have to do is sign up today for this free limited time offer by clicking the link below.
On Monday, shares in Pittsburgh, Pennsylvania-based Kennametal Inc. recorded a trading volume of 820,778 shares. The stock ended the session 1.94% lower at $35.44. The stock is trading below its 50-day moving average by 7.86%. Moreover, shares of Kennametal, which develops and applies tungsten carbides, ceramics, super-hard materials, and solutions for use in metal cutting and mission-critical wear applications to combat extreme conditions related with wear fatigue, corrosion, and high temperatures worldwide, have a Relative Strength Index (RSI) of 38.60.
On June 21st, 2018, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Get the full research report on KMT for free by clicking below at:
Stanley Black & Decker
New Britain, Connecticut headquartered Stanley Black & Decker Inc.'s stock closed the day 0.79% lower at $133.93 with a total trading volume of 1.11 million shares. The stock is trading below its 50-day moving average by 6.69%. Additionally, shares of the Company, which provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide, have an RSI of 30.85. SWK's complimentary research coverage is a few simple steps away at:
Shares in North Canton, Ohio headquartered The Timken Co. recorded a trading volume of 655,754 shares. The stock ended yesterday's trading session 1.23% lower at $44.05. The stock is trading below its 50-day moving average by 6.56%. Furthermore, shares of Timken, which engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, lubrication systems, couplings, industrial clutches and brakes, and related products worldwide, have an RSI of 29.72.
On May 29th, 2018, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $52 a share to $60 a share. Register for your free research report on TKR at:
Pittsburgh, Pennsylvania-based Allegheny Technologies Inc.'s stock finished Monday's session 9.08% lower at $24.83 with a total trading volume of 3.33 million shares, which was above their three months average volume of 1.79 million shares. The Company's shares have advanced 47.62% in the past twelve months. The stock is trading below its 50-day moving average by 10.48%. Additionally, shares of Allegheny Technologies, which manufactures and sells specialty materials and components worldwide, have an RSI of 30.31.
On June 25th, 2018, research firm Longbow downgraded the Company's stock rating from 'Buy' to 'Neutral'. Wall St. Equities' downloadable research report on ATI available at:
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