Industrial Goods Most Active Stocks: General Electric (NYSE:GE), Weyerhaeuser Company (NYSE:WY), Martin Marietta Materials, (NYSE:MLM), Texas Industries, (NYSE:TXI), Ballard Power Systems (NASDAQ:BLDP)

Posted by on Jul 02, 2014

US ENGINEERING giant General Electric Company (NYSE:GE) said its water business had agreed to buy UK-based Company Monsal, to expand its capabilities in the renewable energy sector. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is -0.68%. On last trading day company shares ended up $26.40. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is -0.43%.

Weyerhaeuser Company (NYSE:WY) took a step forward toward splitting off its homebuilding and real estate company, WRECO to TRI Pointe Homes, Inc. ( TPH ) by announcing the final exchange ratio related to the transaction. Weyerhaeuser Company (NYSE:WY) shares fell -1.93% in last trading session and ended the day on $32.45. WY gross Margin is 21.40% and its return on assets is 4.00%. Weyerhaeuser Company (NYSE:WY) quarterly performance is 9.74%.

Martin Marietta Materials, Inc. (NYSE:MLM) and Texas Industries, Inc. (TXI – Snapshot Report) recently received approval for their proposed merger from majority of their shareholders. About 98% of Martin Marietta and 99% of Texas Industries shareholders have voted for the acquisition deal announced on Jan 28. Martin Marietta Materials, Inc. (NYSE:MLM) shares moved down -0.04% in last trading session and was closed at $132.00, while trading in range of $132.00 – $134.64. Martin Marietta Materials, Inc. (NYSE:MLM) year to date (YTD) performance is 32.94%.

Texas Industries Inc. (NYSE:TXI) is getting acquired by Martin Marietta Materials in a deal expected to be completed soon pending final approvals. Texas Industries, Inc. (NYSE:TXI) ended the last trading day at $92.10. Company weekly volatility is calculated as 2.19% and price to cash ratio as 55.55.Texas Industries, Inc. (NYSE:TXI) showed a positive weekly performance of 0.27%.

Ballard Power Systems (NASDAQ: BLDP) spiked sharply Tuesday on rumours that it had obtained two key patents for fuel cell technology that may enable it to cut production costs. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) net profit margin is -24.60% and weekly performance is 8.67%. On last trading day company shares ended up $4.26. Analysts mean target price for the company is $3.94. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) distance from 50-day simple moving average (SMA50) is 17.82%.

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