Industrial Goods New Lows: Pike Corp (NYSE:PIKE), A M Castle and Co (NYSE:CAS), Active Power (NASDAQ:ACPW), RTI International Metals (NYSE:RTI), Meritage Homes (NYSE:MTH)

On May 07, 2014, Energy solutions provider Pike Corp (NYSE:PIKE), reported lower-than-expected results for the fiscal third quarter 2014 (ended Mar 31, 2014). Earnings were 9 cents per share, up 12.5% year over year. The bottom-line result, however, lagged the Zacks Consensus Estimate of 11 cents. Pike Corp (NYSE:PIKE), net profit margin is 1.20% and weekly performance is -0.12%. On last trading day company shares ended up $8.61. Analysts mean target price for the company is $11.80. Pike Corp (NYSE:PIKE), distance from 50-day simple moving average (SMA50) is -16.26%.

A M Castle and Co (NYSE:CAS), CEO Scott J. Dolan bought 24,200 shares of the company’s stock in a transaction dated Monday, May 5th. The stock was purchased at an average cost of $12.88 per share, for a total transaction of $311,696.00. Following the completion of the transaction, the chief executive officer now directly owns 92,554 shares of the company’s stock, valued at approximately $1,192,096. A M Castle and Co (NYSE:CAS), advanced 0.49% in last trading session and ended the day on $12.19. CAS, Gross Margin is 26.20% and its return on assets is -5.50%. A M Castle and Co (NYSE:CAS), quarterly performance is -19.11%.

Shares of Active Power, Inc. (NASDAQ:ACPW), reached a new 52-week low during trading on Tuesday following a dissappointing earnings announcement, Analyst Ratings Net reports. The stock traded as low as $2.80 and last traded at $2.88, with a volume of 58,971 shares trading hands. The stock had previously closed at $2.97. Active Power, Inc. (NASDAQ:ACPW), shares moved down 0.38% in last trading session and was closed at $2.65, while trading in range of $2.60 – 2.67. Active Power, Inc. (NASDAQ:ACPW), year to date (YTD) performance is -21.36%.

On May 06, 2014, RTI International Metals, Inc. (NYSE:RTI), a leading vertically integrated global supplier of advanced titanium and specialty metals products and services,y reported first quarter 2014 results. RTI also provided an update to its 2014 full year revenue and operating income outlook. For the 2014 first quarter, the Company reported net sales of $174.5 million, compared to net sales of $189.2 million for the same period last year. First quarter 2014 operating income was $1.6 million and net loss attributable to continuing operations was $3.8 million, or $(0.13) per diluted share. This compares to 2013 first quarter operating income of $13.6 million and net income attributable to continuing operations of $5.0 million, or $0.16 per diluted share. RTI International Metals, Inc. (NYSE:RTI), ended the last trading day at $24.28. Company weekly volatility is calculated as 1.89% and price to cash ratio as 2.17. RTI International Metals, Inc. (NYSE:RTI), showed a negative weekly performance of -4.26%.

Meritage Homes Corp (NYSE:MTH), was downgraded by Zacksfrom a “neutral” rating to an “underperform” rating in a research note issued on Tuesday, Stock Ratings Network.com reports. They currently have a $37.80 price target on the stock. Zacks‘s target price would suggest a potential downside of 5.05% from the stock’s previous close. Meritage Homes Corp (NYSE:MTH), net profit margin is 7.30% and weekly performance is -1.99%. On last trading day company shares ended up $38.45. Analysts mean target price for the company is $46.58. Meritage Homes Corp (NYSE:MTH), distance from 50-day simple moving average (SMA50) is -7.92%.

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