NEW YORK, September 22, 2016 /PRNewswire/ --
Stock-Callers.com is currently looking at the Machine Tools and Accessories industry which produces and distributes tools used to manufacture other products in end-markets such as the housing and automotive segments. Equities in focus are: Kennametal Inc. (NYSE: KMT), Stanley Black & Decker Inc. (NYSE: SWK), The Timken Co. (NYSE: TKR), and Snap-on Inc. (NYSE: SNA). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
On Wednesday, shares in Pittsburgh, Pennsylvania-based Kennametal Inc. recorded a trading volume of 758,161 shares. The stock ended the day at $28.28, rising 2.61%. The Company's shares have gained 18.20% over the previous three months and 51.38% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.14% and 25.28%, respectively. Furthermore, shares of Kennametal, which provides wear-resistant products, application engineering, and services of material science to the industrial production, transportation, earthworks, energy, construction, process industries, and aerospace sectors worldwide, have a Relative Strength Index (RSI) of 59.73.
On September 1st, 2016, Kennametal announced the election of Sagar A. Patel to its board of directors. Mr. Patel, age 50, serves as the president of aircraft turbine systems of Woodward, Inc. Mr. Patel joined Woodward in June 2011. Before joining Woodward, Mr. Patel worked at General Electric, where he last served as president, mechanical systems, GE Aviation in Cincinnati, Ohio. Visit us today and access our complete research report on KMT at:
Stanley Black & Decker
New Britain, Connecticut headquartered Stanley Black & Decker Inc.'s stock finished yesterday's session 0.45% higher at $122.51 and with a total trading volume of 877,801 shares. The Company's shares have gained 1.15% in the last one month, 8.30% over the previous three months, and 16.55% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.28% and 13.22%, respectively. Furthermore, shares of Stanley Black & Decker, which engages in tools and storage, security, and industrial product businesses in the US, have an RSI of 54.44.
On August 22nd, 2016, research firm Longbow downgraded the Company's stock rating from 'Buy' to 'Neutral'. The complimentary report on SWK can be downloaded at:
At the closing bell on Wednesday, shares in North Canton, Ohio headquartered The Timken Co. climbed 2.20%, ending the day at $32.93. The stock recorded a trading volume of 363,357 shares. The Company's shares have advanced 1.70% in the previous three months and 17.98% since the start of this year. The stock is trading 5.93% above its 200-day moving average. Moreover, shares of Timken, which engineers, manufactures, and markets bearings, transmissions, gearboxes, and chain and related products worldwide, have an RSI of 50.94.
On September 13th, 2016, Timken announced that J. Ted Mihaila, senior vice president and corporate controller, will retire December 1st, 2016 after more than 41 years of service with the company. In connection with Mihaila's retirement, Shelly M. Chadwick has been appointed vice president ‒ finance and chief accounting officer, effective November 1st, 2016. Ms. Chadwick joined Timken in 2011 as assistant corporate controller and in 2013 became controller of the company's Process Industries segment. In 2014, she was named vice president of treasury with her responsibilities expanded thereafter to include investor relations. Prior to joining Timken, Chadwick was vice president of finance and chief financial officer at Eckart America and previously held financial leadership roles at Noveon Inc. and BF Goodrich. Register for free on Stock-Callers.com and access the latest research report on TKR at:
Kenosha, Wisconsin headquartered Snap-on Inc.'s stock ended the day 0.28% higher at $149.90 and with a total trading volume of 361,718 shares. Shares of the Company, which manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide, are trading 2.87% below their 50-day moving average. The stock has an RSI of 43.32. Get free access to your research report on SNA at:
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