Industrial Goods New Highs: 3M Co (NYSE:MMM), Smith & Wesson Holding (NASDAQ:SWHC), Allegheny Technologies (NYSE:ATI), Standex Int’l (NYSE:SXI)

To help 3M Co (NYSE:MMM) with the project, the Missouri Department of Economic Development came up with a bundle of economic incentives that the organization could be eligible for if it meets certain investment and job creation-related criterion. 3M Co (NYSE:MMM) shares after opening at $141.63 moved to $141.83 on last trade day and at the end of the day closed at $140.12. Company price to sales ratio in past twelve months was calculated as 2.95 and price to cash ratio as 32.58. 3M Co (NYSE:MMM) showed a positive weekly performance of 2.61%.

Smith & Wesson Holding Corporation (NASDAQ:SWHC), a leader in firearm manufacturing and design, on 28 march announced that its Board of Directors has authorized the repurchase of $30 million of the company’s common stock in open market or privately negotiated transactions, commencing no sooner than May 1, 2014, which is the first day of the company’s fiscal 2015. Smith & Wesson Holding Corp (NASDAQ:SWHC) shares fell -0.06% in last trading session and ended the day on $15.88. SWHC return on equity ratio is recorded as 73.00% and its return on assets is 33.30%. Smith & Wesson Holding Corp (NASDAQ:SWHC) yearly performance is 82.74%.

Allegheny Technologies (NYSE:ATI) declared a quarterly dividend on Thursday, May 1st, American Banking News.com reports. Shareholders of record on Thursday, June 5th will be given a dividend of 0.18 per share on Wednesday, June 18th. This represents a $0.72 dividend on an annualized basis and a yield of 1.76%. Allegheny Technologies Incorporated (NYSE:ATI) shares moved up 1.49% in last trading session and was closed at $41.50, while trading in range of $40.92 – $41.65. Allegheny Technologies Incorporated (NYSE:ATI) year to date (YTD) performance is 17.10%.

On May 2, 2014, Standex Int’l Corp. (NYSE:SXI) issued a press release announcing earnings for the third quarter ended March 31, 2014. Standex Int’l Corp. (NYSE:SXI) weekly performance is 19.68%. On last trading day company shares ended up $70.31. Standex Int’l Corp. (NYSE:SXI) distance from 50-day simple moving average (SMA50) is 25.55%. Analysts mean target price for the company is $69.00.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *