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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:

http://www.investor-edge.com/541-register


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:

http://www.investor-edge.com/541-HSC-27Mar2014.pdf


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:

http://www.investor-edge.com/541-MTOR-27Mar2014.pdf


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:

http://www.investor-edge.com/541-WPRT-27Mar2014.pdf


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:

http://www.investor-edge.com/541-TKR-27Mar2014.pdf


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EDITOR'S NOTES:
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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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