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Industrials Sector Stocks on Radar -- Research on Illinois Tool Works, Colfax, ITT Corp., and Flowserve

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LONDON, March 28, 2014 /PRNewswire/ --

The trading session on Wednesday, March 26, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,268.99, down 0.60% and the NASDAQ Composite closed at 4,173.58, down 1.43%. The S&P 500 finished the session 0.70% lower at 1,852.56. The losses were broad based with nine out of ten sectors ending the session in negative. The S&P 500 Industrials Sector Index finished the day at 443.49, down 0.94%, while the same has advanced 0.02% in the last one month. Investor-Edge has initiated coverage on the following equities: Illinois Tool Works Inc. (NYSE: ITW), Colfax Corp. (NYSE: CFX), ITT Corp. (NYSE: ITT) and Flowserve Corp. (NYSE: FLS). Free technical research on ITW, CFX, ITT and FLS can be downloaded upon signing up at:

http://www.investor-edge.com/539-register


On Wednesday, shares in Illinois Tool Works Inc. finished the session 0.68% higher at $80.67. The stock recorded a trading volume of 1.97 million shares as compared to a three months average volume of 2.43 million shares. The stock fluctuated between $80.67 and $81.75 during the session. Illinois Tool Works Inc.'s stock have declined 0.11% in the previous three trading sessions, 2.16% in the last one month, and 4.06% on YTD basis. The stock is trading above its 200-day moving average. Illinois Tool Works Inc.'s 50-day moving average of $80.67 is above the 200-day moving average of $76.91. Moreover, the stock is trading at a Relative Strength Index (RSI) of 50.72. Sign up today to read free research on ITW at:

http://www.investor-edge.com/539-ITW-27Mar2014.pdf


Colfax Corp.'s stock reported a trading volume of 0.54 million shares, as compared with a three months average volume of 0.70 million shares. The stock ended the day at $69.09, down 1.89% and at an intraday range of $69.08 and $70.94. Colfax Corp.'s shares have declined 2.98% in the previous three trading sessions, 2.47% in the last month, while the same have advanced 8.48% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $67.00 and $58.59, respectively. Furthermore, the stock is trading at an RSI of 56.31. Sign up today to read free research on CFX at:

http://www.investor-edge.com/539-CFX-27Mar2014.pdf


On Wednesday, shares in ITT Corp. declined 2.06% to close the day at $41.89. A total of 0.98 million shares were traded, which is above the three months average volume of 0.72 million. The stock oscillated between $41.87 and $43.48 during the trading session. Shares of the company traded at a PE ratio of 6.84. ITT Corp.'s shares have fallen by 4.16% in the previous three trading sessions, 4.25% in the last one month and 3.52% on YTD basis. The stock is trading above its 200-day moving average. ITT Corp.'s 50-day moving average of $42.35 is above the 200-day moving average of $37.70. Furthermore, the stock is trading at an RSI of 49.97. Sign up today to read free research on ITT at:

http://www.investor-edge.com/539-ITT-27Mar2014.pdf


Shares in Flowserve Corp. registered a trading volume of 0.98 million shares, as compared with a three months average volume of 1.25 million shares. The stock ended the day at $75.39, down 1.09% after vacillating between $75.38 and $76.77. Shares of the company traded at a PE ratio of 21.88. Flowserve Corp.'s shares have fallen by 2.14% in the previous three trading sessions, 6.43% in the last one month, and 4.36% on YTD basis. The company's stock is trading above its 200-day moving average. Flowserve Corp's 50-day moving average of $76.72 is above the 200-day moving average of $66.64. Additionally, shares of the company are trading at an RSI of 44.14. Sign up today to read free research on FLS at:

http://www.investor-edge.com/539-FLS-27Mar2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

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Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

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