LONDON, April 22, 2014 /PRNewswire/ --
On Monday, April 21, 2014, the NASDAQ Composite ended at 4,121.55, up 0.64%, the Dow Jones Industrial Average finished the session 0.25% higher at 16,449.25, and the S&P 500 closed at 1,871.89, up 0.38%. The gains were broad based as eight out of ten sectors posted gains. The S&P 500 Industrials Sector Index finished the day at 456.26, up 0.32%, and the same has gained 1.84% in the previous three months. Investor-Edge has initiated coverage on the following equities: Cummins Inc. (NYSE: CMI), Illinois Tool Works Inc. (NYSE: ITW), Flowserve Corp. (NYSE: FLS) and Adept Technology Inc. (NASDAQ: ADEP). Free technical research on CMI, ITW, FLS and ADEP can be downloaded upon signing up at:
Cummins Inc.'s stock edged 0.20% higher on Monday, ending the day at $146.57. The stock recorded a trading volume of 0.54 million shares, below its three months average volume of 1.65 million shares. The stock oscillated between $144.85 and $146.88 during the trading session. The company's stock traded at a PE ratio of 19.11. Cummins Inc.'s shares have gained 3.39% in the previous three trading sessions, 1.54% in the last one month and 3.97% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $143.40 and $132.75, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 54.09. Sign up today to read free research on CMI at:
Shares in Illinois Tool Works Inc. fluctuated between $83.60 and $84.60 before ending the Monday's session 0.46% higher at an intra-day high of $84.60. Shares in Illinois Tool Works Inc. reported a trading volume of 2.40 million shares, close to its three months average volume of 2.50 million shares. Shares of the company traded at a PE ratio of 21.53. Illinois Tool Works Inc.'s shares have advanced 2.97% in the previous three trading sessions, 4.75% in the last one month and 0.62% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $81.35 and $77.98, respectively. Additionally, shares of the company have an RSI of 61.53. Sign up today to read free research on ITW at:
On Monday, Flowserve Corp.'s stock recorded a trading volume of 0.80 million shares, which was below its three months average volume of 1.20 million shares. The stock ended the day at $79.46, which was 0.53% higher than its previous day's closing price of $79.04, and registered an intraday range of $78.20 and $79.49. Flowserve Corp.'s shares have advanced 4.24% in the previous three trading sessions, 3.14% in the last one month and 0.80% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $77.68 and $68.57, respectively. Furthermore, the stock has an RSI of 57.37. Sign up today to read free research on FLS at:
Shares in Adept Technology Inc. gained 2.39% on Monday, closing the day at $15.00. A total of 0.28 million shares were traded, close to its three months average volume of 0.32 million shares. The stock moved between $14.62 and $15.50 during the trading session. The stock has advanced 5.04% over the previous three trading sessions, while the same has declined 25.34% in the last one month and 11.19% since the beginning of this year. The company's shares are trading below its 50-day moving average. Adept Technology Inc.'s 50-day moving average of $17.54 is above its 200-day moving average of $10.98. Moreover, the company's stock has an RSI of 38.65. Sign up today to read free research on ADEP at:
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