NEW YORK, August 21, 2017 /PRNewswire/ --
If you want a Stock Review on FLT, SERV, CTAS, or WEX then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated coverage on FleetCor Technologies Inc. (NYSE: FLT), ServiceMaster Global Holdings Inc. (NYSE: SERV), Cintas Corp. (NASDAQ: CTAS), and WEX Inc. (NYSE: WEX). Business Services companies provide businesses with support services, such as office administration, hiring and placing of personnel, security services, travel arrangement, cleaning, and waste disposal. Worldwide demand in the sector is driven by new business growth, job growth, increasing corporate involvement, and increasing disposable income. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
Last Friday, Georgia headquartered FleetCor Technologies Inc.'s stock climbed 0.47%, to close the day at $142.69. A total volume of 668,203 shares was traded. The Company's shares have advanced 5.09% in the previous three months and 0.83% on an YTD basis. The stock is trading 2.24% below its 50-day moving average. Additionally, shares of FleetCor Technologies, which provides fuel cards, commercial payment and data solutions, gift card and stored value solutions, and workforce payment products and services, have a Relative Strength Index (RSI) of 44.68.
On August 09th, 2017, FleetCor Technologies (FLT) has closed its acquisition of Cambridge Global Payments ("Cambridge"), a leading B2B international payments provider, for approximately $690 million. The purchase agreement was previously announced on May 01st, 2017. The acquisition of Cambridge provides FLT with entry into the $145-billion B2B cross-border payments market. The free research report on FLT is available at:
Shares in Tennessee headquartered ServiceMaster Global Holdings Inc. saw a slight drop of 0.04%, finishing Friday's session at $44.60. The stock recorded a trading volume of 1.25 million shares, which was above its three months average volume of 1.17 million shares. The Company's shares have gained 13.00% in the last month, 21.56% over the previous three months, and 18.40% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.97% and 13.93%, respectively. Furthermore, shares of ServiceMaster Global, which provides residential and commercial services, have an RSI of 66.07.
On July 31st, 2017, ServiceMaster Global announced unaudited Q2 2017 net income of $85 million, adjusted net income of $93 million, and adjusted EBITDA of $210 million. For the six months ended June 30th, 2017, net cash provided from operating activities from continuing operations increased to $260 million; net cash used for investing activities from continuing operations was $56 million; and net cash used for financing activities from continuing operations was $124 million. The complimentary report on SERV can be downloaded at:
Ohio-based Cintas Corp.'s stock finished 1.08% higher at $132.61 last Friday at the close. A total volume of 925,899 shares was traded, which was above their three months average volume of 520,380 shares. The Company's shares have advanced 4.60% in the past month, 9.58% in the previous three months, and 14.75% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.04% and 9.14%, respectively. Additionally, shares of Cintas, which provides corporate identity uniforms and related business services, have an RSI of 50.43.
On July 21st, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $123 a share to $136 a share.
On August 03rd, 2017, Cintas introduced its 2017 Uniform Book™. The 2017 catalog features 95 new styles and ten customers, winners of the Everyday Impact™ program. The Cintas Everyday Impact program celebrates individuals who make a real impact in the workplace and beyond. The new collection is highlighted by tailored updates designed to fit and flatter any size, and a new EffortFlex™ housekeeping collection that helps employees work comfortably throughout the workday. Visit us today and download our complete research report on CTAS for free at:
Maine headquartered WEX Inc.'s shares ended the session 0.29% lower at $102.88. The stock recorded a trading volume of 347,766 shares. Shares of the Company have advanced 3.15% over the previous three months. The stock is trading 3.57% below its 50-day moving average. Moreover, shares of WEX Inc., which provides corporate card payment solutions, have an RSI of 41.65.
On August 08th, 2017, WEX Inc. introduced a comprehensive B2B electronic payments platform designed to simplify the accounts payable process and optimize the value of every supplier disbursement. Its Integrated Payables application will enable companies across a wide variety of industries to reduce costs, streamline processes, and mitigate risk, while capitalizing on discount and working capital opportunities. Get free access to your technical report on WEX at:
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