Welcome!

News Feed Item

Machinery Equities Technical Commentary -- Research on Deere & Co., Manitowoc, Terex, and Joy Global

Editor Note: For more information about this release, please scroll to bottom

LONDON, April 3, 2014 /PRNewswire/ --

On Wednesday, April 02, 2014, the NASDAQ Composite ended at 4,276.46, up 0.20%, the Dow Jones Industrial Average advanced 0.24% to 16,573.00, and the S&P 500 closed at 1,890.90, up 0.29%. The gains were broad based as eight out of 10 sectors ended the session in positive. The S&P 500 Industrials Sector Index finished the day at 456.87, up 0.65%, and charted up 2.17% in the last one month. Investor-Edge has initiated coverage on the following equities: Deere & Co. (NYSE: DE), The Manitowoc Co. Inc. (NYSE: MTW), Terex Corp. (NYSE: TEX) and Joy Global Inc. (NYSE: JOY). Free technical research on DE, MTW, TEX and JOY can be downloaded upon signing up at:

http://www.investor-edge.com/754-register


Deere & Co.'s stock gained 0.56% on Wednesday, closing the day at $91.90. A total of 2.71 million shares were traded as compared with three months average volume of 3.07 million shares. The company's shares oscillated between $91.03 and $92.00 during the trading session. Shares in Deere & Co. have gained 6.95% in the last one month, 1.82% in the previous three months, and 0.62% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Deere & Co.'s 50-day moving average of $86.99 is above its 200-day moving average of $85.02. Furthermore, the company's stock is trading at a PE ratio of 9.98 and has a Relative Strength Index (RSI) of 65.85. Sign up today to read free research on DE at:

http://www.investor-edge.com/754-DE-03Apr2014.pdf


The Manitowoc Co. Inc.'s stock witnessed trading volume of 1.93 million shares on Wednesday, which is below the three months average volume of 3.06 million shares. The stock ended the day at $31.25, up 1.59% after trading between $30.57 and $31.45. The Manitowoc Co. Inc.'s shares have rallied 35.16% in the last three months and 34.01% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The Manitowoc Co. Inc.'s 50-day moving average of $29.30 is above its 200-day moving average of $22.58. Additionally, shares of the company are trading at a PE ratio of 21.98 and have an RSI of 50.88. Sign up today to read free research on MTW at:

http://www.investor-edge.com/754-MTW-03Apr2014.pdf


On Wednesday, shares in Terex Corp. gained 0.43%, finishing the session at $44.19. The stock recorded a trading volume of 1.57 million shares, which is below the three months average volume of 2.08 million shares. The company's shares fluctuated between $43.60 and $44.59 during the session. Shares in Terex Corp. have surged 2.10% in the previous three trading sessions, 7.49% in the last three months, and 5.24% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Terex Corp.'s 50-day moving average of $42.27 is above its 200-day moving average of $35.71. Moreover, shares of the company are trading at a PE ratio of 18.07 and have an RSI of 55.50. Sign up today to read free research on TEX at:

http://www.investor-edge.com/754-TEX-03Apr2014.pdf


Shares in Joy Global Inc. recorded a trading volume of 1.70 million shares, as compared with a three month average volume of 1.61 million shares. The stock ended Wednesday's session at $59.09, up 1.58% after vacillating between $57.79 and $59.35. Joy Global Inc.'s shares have advanced 7.44% in the last one month, 4.84% in the previous three months, and 1.03% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Joy Global Inc.'s 50-day moving average of $55.52 is above its 200-day moving average of $53.70. Further, the company's shares are trading at a PE ratio of 12.22 and have an RSI of 60.92. Sign up today to read free research on JOY at:

http://www.investor-edge.com/754-JOY-03Apr2014.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.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
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.

NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Is advanced scheduling in Kubernetes achievable? Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, will answer these questions and demonstrate techniques for implementing advanced scheduling. For example, using spot instances ...
As businesses evolve, they need technology that is simple to help them succeed today and flexible enough to help them build for tomorrow. Chrome is fit for the workplace of the future — providing a secure, consistent user experience across a range of devices that can be used anywhere. In her session at 21st Cloud Expo, Vidya Nagarajan, a Senior Product Manager at Google, will take a look at various options as to how ChromeOS can be leveraged to interact with people on the devices, and formats th...
First generation hyperconverged solutions have taken the data center by storm, rapidly proliferating in pockets everywhere to provide further consolidation of floor space and workloads. These first generation solutions are not without challenges, however. In his session at 21st Cloud Expo, Wes Talbert, a Principal Architect and results-driven enterprise sales leader at NetApp, will discuss how the HCI solution of tomorrow will integrate with the public cloud to deliver a quality hybrid cloud e...
SYS-CON Events announced today that Yuasa System will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Yuasa System is introducing a multi-purpose endurance testing system for flexible displays, OLED devices, flexible substrates, flat cables, and films in smartphones, wearables, automobiles, and healthcare.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
SYS-CON Events announced today that Taica will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Taica manufacturers Alpha-GEL brand silicone components and materials, which maintain outstanding performance over a wide temperature range -40C to +200C. For more information, visit http://www.taica.co.jp/english/.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities – ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups. As a result, many firms employ new business models that place enormous impor...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
SYS-CON Events announced today that TidalScale, a leading provider of systems and services, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale has been involved in shaping the computing landscape. They've designed, developed and deployed some of the most important and successful systems and services in the history of the computing industry - internet, Ethernet, operating s...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...