Stock Research Monitor: AOS, AETI, and ATKR
LONDON, UK / ACCESSWIRE / June 22, 2018 / If you want a free Stock Review on BW sign up now at www.wallstequities.com/registration. WallStEquities.com shifts focus on the Industrial Electrical Equipment space, which produces electrical products that generate, distribute, and use electrical power. Major products include electrical motors, generators, lighting fixtures, and switchboard tools, among many others. Under observation this morning are these four equities: A. O. Smith Corp. (NYSE: AOS), American Electric Technologies Inc (NASDAQ: AETI), Atkore International Group Inc. (NYSE: ATKR), and Babcock & Wilcox Enterprises Inc. (NYSE: BW). All you have to do is sign up today for this free limited time offer by clicking the link below.
Milwaukee, Wisconsin headquartered A.O. Smith Corp.'s shares dropped 2.34%, closing Thursday's trading session at $60.06. The stock recorded a trading volume of 1.07 million shares, which was above its three months average volume of 1.04 million shares. Shares of the Company have advanced 6.40% over the past year. The stock is trading 3.74% below its 200-day moving average. Additionally, shares of A.O. Smith, which manufactures and markets residential and commercial gas and electric water heaters, boilers, and water treatment products in North America, China, Europe, and India, have a Relative Strength Index (RSI) of 32.24.
On June 01st, 2018, A. O. Smith announced that it has named Aninda DasGupta Senior Vice President – international. Mr. DasGupta will also serve as chairman and president of A.O. Smith Holdings (Barbados) SRL, which is located in Hong Kong SAR. Get the full research report on AOS for free by clicking below at:
American Electric Technologies
On Thursday, shares in Houston, Texas headquartered American Electric Technologies Inc recorded a trading volume of 921,894 shares. The stock plummeted 11.81%, ending the day at $1.27. The Company's shares have surged 69.31% in the past month and 20.95% in the previous three months. The stock is trading above its 50-day moving average by 40.21%. Furthermore, shares of the Company, which supplies power delivery solutions in the US and internationally, have an RSI of 55.22.
On June 20th, 2018, American Electric Technologies announced that its M&I Electric business has been awarded a $3 million contract to provide a power delivery solution for a new North America-deployed offshore drilling platform. The M&I project award includes M&I low voltage Alternating Current Variable Frequency Drives. AETI's complimentary research coverage is a few simple steps away at:
Atkore International Group
Harvey, Illinois headquartered Atkore International Group Inc.'s stock finished the day 1.14% lower at $21.75 with a total trading volume of 363,063 shares. Shares of the Company have advanced 5.89% in the last month and 9.63% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 7.25% and 6.78%, respectively. Additionally, shares of Atkore International, which manufactures and distributes electrical raceway products in the US and internationally, have an RSI of 54.47. Register for your free research report on ATKR at:
Babcock & Wilcox Enterprises
Shares in Charlotte, North Carolina headquartered Babcock & Wilcox Enterprises Inc. ended yesterday's session 3.32% lower at $2.33. The stock recorded a trading volume of 2.10 million shares. The Company's shares are trading 8.00% below their 50-day moving average. Moreover, shares of the Company, which provides fossil and renewable power generation and environmental equipment for the power and industrial markets worldwide, have an RSI of 40.15.
On June 06th, 2018, Babcock & Wilcox Enterprises (BW) announced that the Company had signed a definitive agreement to sell its MEGTEC and Universal businesses to Dürr AG for $130 million, subject to adjustment. Proceeds from the transaction will largely be used to reduce outstanding balances under BW's bank credit facilities, improving its balance sheet and financial flexibility. Wall St. Equities' downloadable research report on BW available at:
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