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Machinery Stocks Coverage -- Research on Harsco, Meritor, Westport Innovations, and Timken

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LONDON, March 28, 2014 /PRNewswire/ --

On Wednesday, March 26, 2014, the NASDAQ Composite ended at 4,173.58, down 1.43%, the Dow Jones Industrial Average fell 0.60% to 16,268.99, and the S&P 500 closed at 1,852.56, down 0.70%. The losses were broad based as nine out of 10 sectors ended the session in negative. The S&P 500 Industrials Sector Index finished the day at 443.49, down 0.94%, and the same has gained 0.02% in the last one month. Investor-Edge has initiated coverage on the following equities: Harsco Corp. (NYSE: HSC), Meritor Inc. (NYSE: MTOR), Westport Innovations Inc. (NASDAQ: WPRT) and The Timken Co. (NYSE: TKR). Free technical research on HSC, MTOR, WPRT and TKR can be downloaded upon signing up at:


Harsco Corp.'s stock gained 2.44% on Wednesday, closing the session at $23.06 after oscillating between $22.62 and $23.30. A total of 1.53 million shares were traded, which is above its three months average volume of 0.59 million. Harsco Corp.'s shares have surged 4.16% in the previous three trading sessions, while the same has lost 7.65% in the last one month and 17.73% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. Harsco Corp.'s 200-day moving average of $25.30 is above its 50-day moving average of $24.24. Furthermore, the stock is trading at a PE ratio of 27.09 and at a Relative Strength Index (RSI) of 45.03. Sign up today to read free research on HSC at:


Meritor Inc.'s stock witnessed a trading volume of 1.33 million shares on Wednesday, as compared with a three months average volume of 1.54 million shares. The stock ended the day at $11.29, down 1.83% and at an intraday trading range of $11.27 and $11.68. Shares in Meritor Inc. have rallied 13.70% in the previous three months and 8.25% on YTD basis. The stock is trading above its 200-day moving average. Meritor Inc.'s 50-day moving average of $11.32 is above its 200-day moving average of $8.69. Additionally, the company's shares are trading at a PE ratio of 16.33 and at an RSI of 45.12. Sign up today to read free research on MTOR at:


On Wednesday, shares in Westport Innovations Inc. declined 2.63%, finishing the session at $14.45, hitting a 52-week low of $14.35. The stock recorded a trading volume of 1.53 million shares, which is above its three months average volume of 1.23 million. The stock fluctuated between $14.35 and $15.00 during the session. Shares in Westport Innovations Inc. have lost 14.55% in the last one month and 26.31% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Westport Innovations Inc.'s 200-day moving average of $23.66 is above its 50-day moving average of $17.08. Moreover, the stock is trading at an RSI of 26.54. Sign up today to read free research on WPRT at:


Shares in The Timken Co. recorded a trading volume of 0.83 million shares, as compared with a three months average volume of 0.81 million shares. The stock ended Wednesday's session at $57.41, down 1.81%, and at an intraday trading range of $57.38 and $59.06. The Timken Co.'s shares have advanced 4.97% in the previous three months and 4.25% on YTD basis. The stock is trading above its 200-day moving average. The Timken Co.'s 50-day moving average of $57.76 is above its 200-day moving average of $57.21. Further, the stock is trading at a PE ratio of 19.47 and at an RSI of 46.08. Sign up today to read free research on TKR at:



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