News Recap: Vulcan Materials Company (NYSE:VMC) , KLX Inc. (NASDAQ:KLXI)

On 4/18/2017, Shares of Vulcan Materials Company (NYSE:VMC) closed at $116.90 in last trading day. After noting the initial trading entry at $117.58, it reached to a day’s high of $118.34 and moved to a day’s low of $116.37. The recent daily volume was 752.96 thousand as contrast to it’s an average volume of 1.57 million.

Technical Indicators:

The last close of the Vulcan Materials Company stock reflects that it traded -1.16% from its 50-day moving average of $118.27. The stock traded below -3.75% to its 200-day MA of $121.45. Furthermore, it moved  lower -15.40% from its 52-week high of $138.18 and +10.59% up from $105.71, which is 52-week low of the stock.

Vulcan Materials Company’s (VMC) moved with shift of -3.66% in the past week. Over the last three months, the shares of the company have changed -5.27% and performed 6.88% over the last six months. The stock currently has Monthly Volatility of 2.45% and Weekly Volatility of 1.97%.

Vulcan Materials Company produces and sells construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. It operates through four segments: Aggregates, Asphalt Mix, Concrete, and Calcium. The Aggregates segment offers crushed stone, sand and gravel, sand, and other aggregates, as well as related products and services. This segment’s aggregates are used in publicly funded construction, such as highways, airports, and government buildings; and sold to federal, state, county, or municipal governments/agencies. The Asphalt Mix segment offers asphalt mix in Arizona, California, New Mexico, and Texas. The Concrete segment provides ready-mixed concrete in Arizona, Georgia, Maryland, New Mexico, Texas, Virginia, Washington D.C., and the Bahamas. The Calcium segment mines, produces, and sells calcium products for the animal feed, plastics, and water treatment industries. The company was formerly known as Virginia Holdco, Inc. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.

KLX Inc. (NASDAQ:KLXI) finalized the last transaction at value of $47.09, with a daily change of +0.84% or +0.39 points. The company maintained volume of 703.5 thousand shares. In past trading day, the stock hit the maximum price of $47.38 and touched to minimum value of $46.09. It has a market cap of $ 2.44B.

Technical Indicators:

As of last trade close, the stock is trading  downside -10.13% from its one year high of $52.40 and moved +64.36% upward from $28.65, which is one year low of the stock.

The stock traded above +1.99% from its 50-day moving average of $46.17. Furthermore, the stock moved up +8.12% to its 200-day MA of $ 43.55.

During the last month, KLX Inc.’s (KLXI) has changed 1.38% and performed 41.24% over the last 6 months. The mean rating score for this stock is at 2.20. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 3.20% in recent month and observed Weekly Volatility of 2.73%.

April 17, 2017 KLX Inc. (the “Company”) (KLXI), a leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products to the oil and gas exploration and production industry, announced  that it plans to report strong first quarter financial results for the quarter ending April 30, 2017 when the Company reports its financial results in May 2017.  The Company also announced it is raising its financial guidance for the year ending January 31, 2018 (Fiscal 2017).

 

The new Fiscal 2017 financial guidance assumes the recognition in Fiscal 2017 of previously deferred revenues and earnings from 2016, and in addition, an approximate 2 percent increase in consolidated revenues and a 3.5 percent increase in adjusted net earnings and adjusted net earnings per diluted share, in each case from previously announced fiscal 2017 financial guidance.

 

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