Industrial Goods Unusual Volume: A M Castle and Co (NYSE:CAS), Nidec Corporation (NYSE:NJ), WTS, Sterling Construction Company (NASDAQ:STRL)

A M Castle and Co (NYSE:CAS) reported ($0.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.48. The company had revenue of $253.40 million for the quarter, compared to the consensus estimate of $252.75 million. A M Castle and Co (NYSE:CAS) shares after opening at $12.50 moved to $12.66 on last trade day and at the end of the day closed at $12.28. Company price to sales ratio in past twelve months was calculated as 0.27 and price to cash ratio as 9.35. A M Castle and Co (NYSE:CAS) showed a negative weekly performance of -10.89%.

Nidec Corporation (NYSE:NJ) announced on 22 April that Nidec and its two listed subsidiaries, Nidec-Read Corporation and Nidec Copal Electronics Corporation have resolved at their respective board meetings held on April 22, 2014 to enter into share exchange transactions under which Nidec will make Nidec-Read and Nidec Copal Electronics its wholly owned subsidiaries. Nidec Corporation (ADR) (NYSE:NJ) shares fell -1.54% in last trading session and ended the day on $14.11. NJ return on equity ratio is recorded as 5.00% and its return on assets is 2.10%. Nidec Corporation (ADR) (NYSE:NJ) yearly performance is 66.59%.

Watts Water Technologies Inc. (NYSE:WTS) Tuesday reported first-quarter net income of $14.1 million or $0.40 per share, down from $16.1 million or $0.45 per share last year. Sales for the quarter rose to $365.2 million from $358.9 million last year. Watts Water Technologies Inc. (NYSE:WTS) shares moved down -6.47% in last trading session and was closed at $53.20, while trading in range of $51.98 – $55.28. Watts Water Technologies Inc. (NYSE:WTS) year to date (YTD) performance is -13.83%.

Sterling Construction Company, Inc. (NASDAQ:STRL), announced that it plans to issue its financial results for the first quarter ended March 31, 2014 on Monday, May 12, 2014 before the stock market opens Sterling Construction Company, Inc. (NASDAQ:STRL) weekly performance is 13.27%. On last trading day company shares ended up $7.68. Sterling Construction Company, Inc. (NASDAQ:STRL) distance from 50-day simple moving average (SMA50) is -11.76%. Analysts mean target price for the company is $11.50.

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