Welcome!

News Feed Item

Technical Briefing on Metals and Mining Equities - United States Steel, Nucor, Steel Dynamics, Endeavour Silver, and First Majestic Silver

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

LONDON, September 2, 2014 /PRNewswire/ --

On Friday, August 29, 2014, the NASDAQ Composite ended at 4,580.27, up 0.50%, the Dow Jones Industrial Average advanced 0.11%, to finish the day at 17,098.45, and the S&P 500 closed at 2,003.37, up 0.33%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Materials Sector Index ended the day at 318.09, up 0.16%, with the index also advancing 3.50% in the last one month. Investor-Edge has initiated coverage on the following equities: United States Steel Corporation (NYSE: X), Nucor Corporation (NYSE: NUE), Steel Dynamics Inc. (NASDAQ: STLD), Endeavour Silver Corporation (NYSE: EXK), and First Majestic Silver Corporation (NYSE: AG). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Friday, shares in United States Steel Corp. traded between $37.71 and $38.68 before ending the session 2.93% higher at $38.65. The stock reported a trading volume of 5.19 million shares, below its three months average volume of 7.24 million shares. United States Steel Corp.'s shares have surged 15.58% in the last one month, 67.75% in the previous three months and 31.02% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $31.16 and $27.47, respectively. Moreover, shares of United States Steel Corp. have a Relative Strength Index (RSI) of 68.85. Sign up and read the free notes on X at:

www.Investor-Edge.com/X-02Sep2014

Nucor Corp.'s stock edged 0.67% higher, to close the day at $54.32. The stock recorded a trading volume of 0.85 million shares, much below its three months average volume of 1.56 million shares. The stock oscillated between $53.91 and $54.38 during the session. Over the last one month and over the past three months, Nucor Corp.'s shares have gained 9.05% and 7.29%, respectively. Further, the stock has advanced 1.76% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. The stock's 200-day moving average of $51.12 is above its 50-day moving average of $51.11. Additionally, Nucor Corp. traded at a PE ratio of 29.01 and has an RSI of 67.53. The complimentary notes on NUE can be downloaded as in PDF format at:

www.Investor-Edge.com/NUE-02Sep2014

On Friday, shares in Steel Dynamics Inc. recorded a trading volume of 2.55 million shares, lower than its three months average volume of 3.51 million shares. The stock ended the day at $23.24, which was 0.43% above its previous day's closing of $23.14, and registered an intraday range of $23.02 and $23.30. Shares of the company traded at a PE ratio of 23.78. Steel Dynamics Inc.'s shares have gained 11.09% in the last one month and 34.57% in the previous three months. Additionally, the stock has surged 18.94% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $20.51 and $18.61, respectively. Furthermore, shares of Steel Dynamics Inc. have an RSI of 68.80. Register for free on Investor-Edge and access the latest research on STLD at:

www.Investor-Edge.com/STLD-02Sep2014

Endeavour Silver Corp.'s stock edged 0.71% lower, to close Friday's session at $5.57, after oscillating between $5.52 and $5.67. The stock recorded a trading volume of 0.67 million shares, below its three months average volume of 1.42 million shares. Although, Endeavour Silver Corp.'s shares have lost 0.36% in the previous three trading sessions, it has surged 46.19% in the last three months and 53.44% on YTD basis. The stock is trading above its 200-day moving average of $4.68, while the 200-day moving average is below Endeavour Silver Corp.'s 50-day moving average of $5.72. Further, the stock has an RSI of 46.39. The complete research on EXK is available for free at:

www.Investor-Edge.com/EXK-02Sep2014

First Majestic Silver Corp.'s stock finished Friday's session 0.79% higher at $10.24. A total of 0.61 million shares were traded, which was below its three months average volume of 1.10 million shares. The stock moved between $10.07 and $10.32 during the session. Over the last three trading sessions and the previous three months, First Majestic Silver Corp.'s shares have advanced 1.49% and 22.05%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 4.49%. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $10.41 is greater than its 200-day moving average of $10.13. First Majestic Silver Corp.'s stock has an RSI of 51.31. Free in depth research on AG is available at:

www.Investor-Edge.com/AG-02Sep2014

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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] www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] 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] 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, represented by Rohit Tuli, CFA. An outsourced research services provider 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
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for s...
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 busin...
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
"We are a custom software development, engineering firm. We specialize in cloud applications from helping customers that have on-premise applications migrating to the cloud, to helping customers design brand new apps in the cloud. And we specialize in mobile apps," explained Peter Di Stefano, Vice President of Marketing at Impiger Technologies, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...