Industrial Goods New Highs: IntriCon Corporation (NASDAQ:IIN), Texas Industries (NYSE:TXI), Aspen Aerogels Inc (NYSE:ASPN), Valmont Industries (NYSE:VMI), Argan (NYSE:AGX)

Posted by on Jun 24, 2014

IntriCon Corporation (NASDAQ:IIN) net profit margin is -9.40% and weekly performance is 17.33%. On last trading day company shares ended up $8.80. IntriCon Corporation (NASDAQ:IIN) distance from 50-day simple moving average (SMA50) is 31.64%.

On 5 JUNE Texas Industries, Inc. (NYSE:TXI) reported ($0.33) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.61) by $0.28. The company had revenue of $207.83 million for the quarter, compared to the consensus estimate of $255.42 million. During the same quarter in the prior year, the company posted ($0.21) earnings per share. The company’s quarterly revenue was up 47.0% on a year-over-year basis. Analysts expect that Texas Industries will post $-0.91 EPS for the current fiscal year. Texas Industries, Inc. (NYSE:TXI) shares fell -0.70% in last trading session and ended the day on $93.63. TXI Gross Margin is 9.80% and its return on assets is 0.30%. Texas Industries, Inc. (NYSE:TXI) quarterly performance is 8.56%.

On 13 JUNE Aspen Aerogels Inc (NYSE:ASPN) announced it has priced the initial public offering of 7.5 million shares of common stock at $11.00 per share for total gross proceeds of $82.5 million. Aspen Aerogels’ shares are expected to begin trading on the NYSE on June 13, under the symbol, ASPN. The company has granted the underwriters a 30-day option to purchase up to an additional 1.125 million shares of common stock at the initial public offering price less the underwriting discount. Aspen Aerogels Inc (NYSE:ASPN) shares moved up 7.42% in last trading session and was closed at $11.44, while trading in range of $10.70 – $11.74. Aspen Aerogels Inc (NYSE:ASPN) year to date (YTD) performance is 6.42%.

On 3 JUNE Valmont Industries, Inc. (NYSE:VMI) announced the hiring of Timothy Francis as Vice President and Corporate Controller/Chief Accounting Officer reporting to Valmont’s Executive Vice President and CFO, Mark Jaksich, effective June 3, 2014. Valmont Industries, Inc. (NYSE:VMI) ended the last trading day at $161.11. Company weekly volatility is calculated as 1.07% and price to cash ratio as 8.87. Valmont Industries, Inc. (NYSE:VMI) showed a positive weekly performance of 2.03%.

On 5 JUNE Argan, Inc. (NYSE:AGX) announced financial results for the three months ended April 30, 2014. For the quarter ended April 30, 2014, revenues were $51.2 million compared to $46.6 million for the three months ended April 30, 2013. Gemma Power Systems LLC and affiliates (Gemma) contributed $49.8 million, or 97% of revenues in the first quarter of fiscal 2015, compared to $43.8 million, or 94% of revenues in the first quarter of fiscal 2014. Argan, Inc. (NYSE:AGX) net profit margin is 16.00% and weekly performance is 11.73%. On last trading day company shares ended up $35.04. Analysts mean target price for the company is $36.00. Argan, Inc. (NYSE:AGX) distance from 50-day simple moving average (SMA50) is 19.04%.

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