Technical Snapshots for These Machinery Stocks -- General Electric, Generac, Honeywell Intl., and Ingersoll-Rand
NEW YORK, October 23, 2017 /PRNewswire/ --
If you want a Stock Review on GE, GNRC, HON, or IR then come over to http://dailystocktracker.com/register and sign up for your free customized report. This morning, DailyStockTracker.com takes a closer look at the recent performance of General Electric Co. (NYSE: GE), Generac Holdings Inc. (NYSE: GNRC), Honeywell International Inc. (NYSE: HON), and Ingersoll-Rand PLC (NYSE: IR). Diversified Machinery companies are, by their very nature, extremely exposed to the fragile nature of the economic climate. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at: http://dailystocktracker.com/register
General Electric
Boston, Massachusetts-based General Electric Co.'s stock finished last Friday's session 1.06% higher at $23.83. A total volume of 191.97 million shares was traded, which was above their three months average volume of 43.80 million shares. The Company's shares are trading below their 50-day moving average by 1.96%. Additionally, shares of General Electric, which operates as an infrastructure and technology company worldwide, have a Relative Strength Index (RSI) of 49.38.
On October 11th, 2017, research firm JP Morgan reiterated its 'Underweight' rating on the Company's stock with a decrease of the target price from $22 a share to $20 a share.
On October 16th, 2017, General Electric (GE) announced that Rafael Santana, President and CEO of GE Latin America, has been named president and CEO of GE Transportation, effective November 01st, 2017. With over 17 years of GE experience, Santana has held leadership positions in GE Oil & Gas, Power and Transportation before becoming the President and CEO of GE in Latin America. Visit us today and access your complete report on GE for free at: http://dailystocktracker.com/registration/?symbol=GE
Generac Holdings
On Friday, shares in Waukesha, Wisconsin headquartered Generac Holdings Inc. ended the session 2.55% higher at $50.61. The stock recorded a trading volume of 452,429 shares. The Company's shares have gained 12.47% in the last one month, 38.70% in the previous three months, and 24.23% on an YTD basis. The stock is trading 16.23% above its 50-day moving average and 30.03% above its 200-day moving average. Moreover, shares of Generac have an RSI of 72.89.
On October 17th, 2017, Generac announced plans to release its Q3 2017 financial results before the market opens on November 01st, 2017. Company management will hold a conference call at 9:00 a.m. EDT that same day to discuss the highlights of the earnings release. The conference call will be webcast simultaneously under the Investor Relations link of the Company's website.
On October 18th, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $41 a share to $48 a share. The complimentary research report on GNRC can be accessed at: http://dailystocktracker.com/registration/?symbol=GNRC
Honeywell
Morris Plains, New Jersey-based Honeywell International Inc.'s shares gained 1.20%, closing the session at $145.35. A total volume of 3.27 million shares was traded, which was above their three months average volume of 2.66 million shares. The stock has gained 3.19% in the last one month, 5.55% over the previous three months, and 25.46% on an YTD basis. The stock is trading 4.22% and 10.82% above their 50-day and 200-day moving averages, respectively. Additionally, shares of Honeywell, which operates as a diversified technology and manufacturing company worldwide, have an RSI of 73.56.
On October 12th, 2017, research firm Argus reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $152 a share to $160 a share.
On October 13th, 2017, Honeywell named Brian S. Cook as Vice President of Corporate Development and Global Head of Mergers & Acquisitions, reporting to Senior Vice President and CFO Thomas A. Szlosek. Cook succeeds Anne Madden, who was recently named as the Company's Senior Vice President and General Counsel. Register for free on DailyStockTracker.com and download the research report on HON at: http://dailystocktracker.com/registration/?symbol=HON
Ingersoll-Rand
Last Friday at the close, shares in Swords, Ireland headquartered Ingersoll-Rand PLC recorded a trading volume of 1.54 million shares. The stock ended the session 2.67% higher at $93.51. The Company's shares have advanced 4.78% in the past month, 2.70% over the previous three months, and 24.61% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.14% and 9.10%, respectively. Furthermore, shares of Ingersoll-Rand, which designs, manufactures, sells, and services industrial and commercial products, have an RSI of 75.27.
On October 03rd, 2017, Ingersoll-Rand Board of Directors declared a quarterly dividend of $0.45 cents per ordinary share, payable on December 29th, 2017, to shareholders of record on December 08th, 2017. The Company has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910.
On October 17th, 2017, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'. The free report on IR can be accessed at: http://dailystocktracker.com/registration/?symbol=IR
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