Morning Research: General Electric Co., United Technologies Corp., Flowserve Corp., and ITT Corp.
LONDON, September 13, 2013 /PRNewswire/ --
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The U.S. equity market declined on Thursday, September 12, 2013. The S&P 500 fell by 0.34%, closing at 1,683.42; the Dow Jones Industrial Average lost 0.17%, closing at 15,300.64; and the NASDAQ Composite closed at 3,715.97, down 0.24%. Shares of companies in the diversified machinery industry mostly ended on a lower note, tracking losses in the broader market. The major movers in the sector included General Electric Company (NYSE: GE), United Technologies Corporation (NYSE: UTX), Flowserve Corporation (NYSE: FLS), and ITT Corporation (NYSE: ITT). AAResearchReports.com has released full comprehensive research on GE, UTX, FLS, and ITT. These free technical analyses can be downloaded by signing up at:
Shares in General Electric Co. declined on Thursday as the broader closed ended on a negative note. The company's shares closed the day 1.00% lower at $23.85 after oscillating between $23.77 and $24.20. A total of 30.68 million shares were traded, which is below the daily average volume of 35.49 million. The company's shares have advanced 1.97% in the last three trading sessions, outperforming the S&P 500 which has gained 0.70% during the same period. Further, General Electric Co.'s stock is trading above its 200-day moving averages of $22.91. Download free report on GE upon registration at:
On Thursday, United Technologies Corp.'s stock ended the day at the previous day's closing price of $107.83 after hitting a new 52-week high of $109.13. The company's shares traded between $109.13 and $107.65 during the trading session. A total of 3.51 million shares were traded, which is above the daily average volume of 3.03 million. The company's shares have advanced 3.21% in the previous three trading sessions and 16.35% in the last three month, outperforming the S&P 500 which has gained 0.70% and 4.40% during the respective periods. Further, United Technologies Entertainment Corp.'s stock is trading above its 50-day and 200-day moving averages of $102.71 and $93.19, respectively. UTX technical report can be accessed for free by signing up at:
Flowserve Corp.'s stock advanced on Thursday, hitting a new 52-week high of $61.71. The company's shares closed the day at $61.45, up 0.79% from the previous day's price of $60.97. A total of 1.10 million shares were traded, which is below the daily average volume of 1.11 million. The company's shares have gained 7.81% in the last one month and 12.44% in the previous three months, compared to a loss of 0.36% and a gain of 4.40% in the S&P 500 during the respective periods. Further, Flowserve Corp.'s stock is trading above its 50-day and 200-day moving averages of $56.76 and $53.64, respectively. The free report on FLS can be downloaded by signing up now at:
ITT Corp.'s shares edged lower on Thursday, tracking losses in the broader market. The company's shares vacillated between $34.90 and $35.33 before ending the day 0.17% lower at $35.00. A total of 0.36 million shares were traded, which is below the daily average volume of 0.63 million. Despite Thursday's pullback, the company's stock has gained 3.43% in the last one month and 19.49% in the previous three months, outperforming the S&P 500 which has fallen by 0.36% and gained 4.40% during the respective periods. Further, ITT Corp.'s stock is trading near its 52-week high of $35.52 as well as above its 50-day and 200-day moving averages of $32.77 and $28.29, respectively. A free report on ITT can be accessed by registering at:
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SOURCE AAA Research Reports