Morning Technical Insight on These Machinery Stocks -- 3M, ABB Ltd, AMETEK, and Colfax
Morning Technical Insight on These Machinery Stocks -- 3M, ABB Ltd, AMETEK, and Colfax
NEW YORK, April 23, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on MMM, ABB, AME, and CFX which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on 3M Co. (NYSE: MMM), ABB Ltd (NYSE: ABB), AMETEK Inc. (NYSE: AME), and Colfax Corp. (NYSE: CFX). Companies in the Diversified Machinery category are primarily focused on manufacturing and selling industrial machinery products to other businesses. This group's dividend yield is below average, similar to most industries in the Industrial Goods sector. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
3M
Shares in St. Paul, Minnesota headquartered 3M Co. ended Friday's session 0.50% lower at $217.75 with a total trading volume of 2.59 million shares. The stock has advanced 13.91% over the past year. The Company's shares are trading 2.86% below their 200-day moving average. Moreover, shares of 3M, which operates as a diversified technology company worldwide, have a Relative Strength Index (RSI) of 45.85.
On April 03(rd), 2018, research firm Stifel reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $251 a share to $225 a share.
On April 04(th), 2018, 3M announced that Sarah Grauze is appointed Treasurer and Vice President - Finance, effective July 01(st), 2018. Ms. Grauze is currently the Company's Assistant Treasurer and Finance Director, a position she has held since 2015. Get the full research report on MMM for free by clicking below at: www.wallstequities.com/registration/?symbol=MMM
ABB Ltd
Zurich, Switzerland headquartered ABB Ltd's shares saw a slight decline of 0.29%, closing the day at $24.20. A total volume of 3.16 million shares was traded, which was higher than their three months average volume of 2.43 million shares. The stock has advanced 1.42% in the last month and 5.54% over the past year. The Company's shares are trading 0.93% above their 50-day moving average. Additionally, shares of ABB, which manufactures and sells electrification, robotics and motion, industrial automation, and power grid products worldwide, have an RSI of 59.77.
On April 17(th), 2018, ABB Ltd has been selected to supply its Terra HP charging stations as part of the biggest electric vehicle infrastructure project to date in the US. The chargers, which can refresh even the largest electric vehicle battery in under 15 minutes, were selected for deployment by Electrify America, which plans to place hundreds of charging stations within and around 17 metropolitan areas and along multiple nationwide highway corridors. To experience our free membership services anytime/ anywhere and access the free report on ABB, click to register at: www.wallstequities.com/registration/?symbol=ABB
AMETEK
Last Friday, shares in Berwyn, Pennsylvania headquartered AMETEK Inc. declined slightly by 0.94%, closing the session at $75.81. The stock recorded a trading volume of 1.33 million shares, which was higher than its three months average volume of 1.12 million shares. The Company's shares have advanced 38.42% over the past year. The stock is trading 8.33% above its 200-day moving average. Furthermore, shares of AMETEK, which manufactures and sells electronic instruments and electromechanical devices worldwide, have an RSI of 49.97.
On April 13(th), 2018, AMETEK announced that it will issue its Q1 2018 earnings release before the market opens on May 02(nd), 2018. The Company will webcast its investor conference call beginning at 8:30 a.m. ET that same day. The live audio webcast can be accessed by clicking on the Events & Presentations link under the "Investors" section of the Company's website. Join our big investor community at Wall St. Equities today and get your free report on AME at: www.wallstequities.com/registration/?symbol=AME
Colfax
Annapolis Junction, Maryland headquartered Colfax Corp.'s stock finished the session 0.52% lower at $32.51 with a total trading volume of 424,224 shares. The stock is trading above their 50-day moving average by 0.57%. Shares of the Company, which operates as a diversified industrial technology company worldwide, have an RSI of 54.99.
On April 13(th), 2018, Colfax announced that it will issue a press release providing its financial results for Q1 2018 on the morning of May 03(rd), 2018. The Company will hold a conference call beginning at 8:00 a.m. ET that day to discuss these results. The webcast of the call may be accessed under the "Investors" section of the Company's website. Know more about CFX in our free research coverage at: www.wallstequities.com/registration/?symbol=CFX
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