Axalta Coating Systems
On Tuesday, Philadelphia, Pennsylvania headquartered Axalta Coating Systems Ltd's stock recorded a trading volume of 1.66 million shares, and ended the session 1.20% lower at $27.28. The Company's shares have gained 0.29% in the last one month, 2.44% in the previous three months, and 0.29% on an YTD basis. The stock is trading 3.52% above its 50-day moving average. Moreover, shares of Axalta Coating Systems, which through its subsidiaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry, have a Relative Strength Index (RSI) of 54.58.
On January 06th, 2017, Axalta Coating announced its acquisition of the business of Ellis Paint Co., a prominent manufacturer of industrial and automotive refinish paint in North America. Financial terms of the transaction were not disclosed.
On January 09th, 2017, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Neutral'. Access our complete research report on AXTA for free at:
Houston, Texas headquartered Westlake Chemical Corp.'s stock closed the day 0.31% lower at $58.04 with a total trading volume of 562,792 shares. The Company's shares have advanced 0.19% in the past month, 6.24% over the previous three months, and 3.66% since the start of this year. The stock is trading 4.65% above its 50-day moving average and 17.54% above its 200-day moving average. Additionally, shares of Westlake Chemical, which manufactures and markets basic chemicals, vinyls, polymers, and building products, have an RSI of 54.78.
On December 15th, 2016, Royal® Building Products, a Westlake company, received product compliance from the National Building Code of Canada 2015 for its premium siding, Celect® Cellular Composite Siding. The compliance report, issued by the Canadian Construction Materials Centre, now allows building professionals throughout Canada to quickly approve the use of Celect products for new construction or remodeling projects. The complimentary research report on WLK can be downloaded at:
Shares in Columbia, Maryland headquartered W.R. Grace & Co. recorded a trading volume of 402,153 shares, and ended yesterday's trading session 0.71% lower at $68.87. The stock has advanced 1.12% in the past month and 1.82% on an YTD basis. The Company's shares are trading above their 50-day moving average by 1.83%. Furthermore, shares of W.R. Grace, which produces and sells specialty chemicals and materials worldwide, have an RSI of 54.55.
On December 12th, 2016, research firm Goldman upgraded the Company's stock rating from 'Neutral' to 'Buy'. Register for free on Stock-Callers.com and get access to the latest PDF format report on GRA at:
Mayfield Heights, Ohio headquartered Ferro Corp.'s stock finished Tuesday's session 1.17% higher at $14.68 with a total trading volume of 255,759 shares. The Company's shares have advanced 6.76% over the previous three months and 2.44% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.17% and 8.42%, respectively. Additionally, shares of Ferro, which together with its subsidiaries, produces specialty materials in the US and internationally, have an RSI of 50.74.
On December 09th, 2016, Ferro announced that it has completed the previously announced acquisition of Belgium-based Cappelle Pigments, a leader in specialty, high-performance inorganic and organic pigments used in coatings, inks and plastics, for €50.5 million (approximately $54 million) on a cash-free and debt-free basis. The acquisition was previously announced on October 17th, 2016. The transaction was funded through excess cash and borrowings under the Company's existing revolving credit facility. Download your free research report on FOE at:
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