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Industrials Sector Equities Technical Update -- Research on AO Smith, Copart, Matson, and MRC Global

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LONDON, April 8, 2014 /PRNewswire/ --

On Monday, April 07, 2014, the NASDAQ Composite ended at 4,079.75, down 1.16%, the Dow Jones Industrial Average declined 1.02% to 16,245.87, and the S&P 500 closed at 1,845.04, down 1.08%. 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 446.49, down 1.33%, and the same has lost 1.93% in the last one month. Investor-Edge has initiated coverage on the following equities: AO Smith Corp. (NYSE: AOS), Copart Inc. (NASDAQ: CPRT), Matson Inc. (NYSE: MATX) and MRC Global Inc. (NYSE: MRC). Free technical research on AOS, CPRT, MATX and MRC can be downloaded upon signing up at:

AO Smith Corp.'s stock fell by 2.86% on Monday, closing at $44.79, after oscillating between $44.51 and $45.96. A total of 1.14 million shares were traded, which is above its three months average volume of 0.80 million shares. AO Smith Corp.'s shares have declined 8.82% in the last one month and 16.96% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. AO Smith Corp.'s 50-day moving average of $47.45 is above its 200-day moving average of $46.85. Furthermore, the company's stock is trading at a PE ratio of 22.99 and has a Relative Strength Index (RSI) of 44.31. Sign up today to read free research on AOS at:

Shares in Copart Inc. witnessed a trading volume of 1.18 million shares on Monday, as compared with its three months average volume of 0.60 million shares. The stock ended the day at $36.25, down 1.68%, after trading between $36.07 and $36.94. Shares in Copart Inc. have lost 1.55% in the last one month and 1.09% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Copart Inc.'s 50-day moving average of $35.40 is above its 200-day moving average of $33.78. Additionally, the company's shares are trading at a PE ratio of 25.17 and have an RSI of 59.56. Sign up today to read free research on CPRT at:

On Monday, Matson Inc.'s shares lost 0.59% finishing the session at $23.71. The stock recorded a trading volume of 0.28 million shares which is below its three months average volume of 0.37 million shares. The stock fluctuated between $23.55 and $23.88 during the session. Matson Inc.'s shares have fallen by 3.93% in the last one month and 9.19% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Matson Inc.'s 200-day moving average of $25.97 is above its 50-day moving average of $24.23. Moreover, the company's shares are trading at a PE ratio of 17.00 and have an RSI of 46.37. Sign up today to read free research on MATX at:

MRC Global Inc.'s stock recorded a trading volume of 0.59 million shares, as compared with its three months average volume of 1.01 million shares. The stock ended Monday's session at $26.29, down 1.28%, and at an intraday trading range of $26.17 and $26.60. MRC Global Inc.'s shares have gone down by 0.27% in the last one month, 16.22% in the previous three months, and 18.51% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. MRC Global Inc.'s 200-day moving average of $28.19 is above its 50-day moving average of $26.95. Further, the company's shares are trading at a PE ratio of 16.57 and have an RSI of 50.25. Sign up today to read free research on MRC at:


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

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