LONDON, April 27, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Vale S.A. (NYSE: VALE), Freeport-McMoRan Inc. (NYSE: FCX), Steel Dynamics Inc. (NASDAQ: STLD), Century Aluminum Company (NASDAQ: CENX), and Southern Copper Corporation (NYSE: SCCO). Free research report on Vale S.A. can be accessed at http://get.Investor-Edge.com/pdf/?c=Vale%20S.A.&d=27-Apr-2015&s=VALE. On Friday, April 24, 2015, the NASDAQ Composite ended at 5,092.09, up 0.71%, the Dow Jones Industrial Average advanced 0.12%, to finish the day at 18,080.14, and the S&P 500 closed at 2,117.69, up 0.23%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Materials Sector Index ended the day at 315.30, up 0.83%, with the index also advancing 4.40% in the last three months. Register for your complimentary reports at the links given below.
Vale S.A.'s stock surged 11.24%, to close the day at $7.92. The stock recorded a trading volume of 76.81 million shares, much above its three months average volume of 29.68 million shares. The stock oscillated between $7.43 and $7.93 during the session. Over the last three trading sessions and over the past one month, Vale S.A.'s shares have surged 34.47% and 27.33%, respectively. However, the stock has lost 3.18% since the start of this year. The company is trading above its 50-day moving average of $6.53, while the 50-day moving average is below Vale S.A.'s 200-day moving average of $9.59. Additionally, the stock has a Relative Strength Index (RSI) of 74.52. Sign up and read the free notes on VALE at:
On Friday, shares in Freeport-McMoRan Inc. recorded a trading volume of 23.04 million shares, higher than its three months average volume of 20.15 million shares. The stock ended the day at $20.82, which was 3.74% above its previous day's closing of $20.07, and registered an intraday range of $20.44 and $21.27. Shares of the company traded at a PE ratio of 16.35. Freeport-McMoRan Inc.'s shares have gained 9.06% in the last one month and 8.21% in the previous three months. However, the stock has lost 10.87% on YTD basis. The company is trading above its 50-day moving average of $19.69. Furthermore, shares of Freeport-McMoRan Inc. have an RSI of 59.94. The complimentary notes on FCX can be downloaded as in PDF format at:
Steel Dynamics Inc.'s stock edged 0.55% lower, to close Friday's session at $21.86, after oscillating between $21.74 and $22.19. The stock recorded a trading volume of 4.17 million shares, above its three months average volume of 3.94 million shares. Over the last one month and the previous three months, Steel Dynamics Inc.'s shares have advanced 7.47% and 28.40%, respectively. Additionally, from the beginning of 2015, the stock has gained 10.74%. The company is trading above its 50-day and 200-day moving averages. The stock's 200-day moving average of $20.81 is above its 50-day moving average of $19.70. Further, Steel Dynamics Inc.'s stock traded at a PE ratio of 15.31 and has an RSI of 65.39. Register for free on Investor-Edge and access the latest research on STLD at:
Century Aluminum Co.'s stock finished Friday's session 0.77% higher at $13.04. A total of 1.28 million shares were traded, which was below its three months average volume of 2.08 million shares. The stock moved between $12.90 and $13.43 during the session. Century Aluminum Co.'s shares have lost 0.53% in the previous three trading sessions and 8.56% in the last one month. Additionally, from the beginning of 2015, the stock has declined 46.56%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $22.11 is greater than its 50-day moving average of $16.06. Century Aluminum Co.'s stock traded at a PE ratio of 12.41 and has an RSI of 34.57. The complete research on CENX is available for free at:
On Friday, shares in Southern Copper Corp. fluctuated between $30.42 and $30.98 before ending the session 2.65% higher at $30.94. The stock reported a trading volume of 2.00 million shares, above its three months average volume of 1.63 million shares. Shares of the company traded at a PE ratio of 19.27. Southern Copper Corp.'s shares have advanced 4.88% in the previous three trading sessions, 14.09% in the last three months and 9.72% on YTD basis. The company is trading above its 50-day and 200-day moving averages of $29.62 and $29.91, respectively. Moreover, shares of Southern Copper Corp. have an RSI of 64.51. Free in depth research on SCCO is available at:
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