During the trading session, five out of ten sectors finished on a higher note. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Tata Motors Ltd (NYSE: TTM), Brookfield Asset Management Inc. (NYSE: BAM), Canadian National Railway Company (NYSE: CNI) and Royal Dutch Shell PLC (NYSE: RDS-B).
Brookfield Asset Management Inc. (USA)(NYSE:BAM) net profit margin is 9.50%and weekly performance is 1.78%.On last trading day company shares ended up $42.95. Analysts mean target price for the company is $43.81. Brookfield Asset Management Inc. (USA) (NYSE:BAM) distance from 50-day simple moving average (SMA50) is 4.95%.
The analysts wrote, UDR, Inc.(NYSE:UDR)shares has been upgraded by The Street Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.”UDR, Inc. (NYSE:UDR) shares advanced 0.33% in last trading session and ended the day on $27.07. UDR Gross Margin is 65.00% and its return on assets is 0.60% .UDR, Inc. (NYSE:UDR quarterly performance is 6.87%.
In addition, the conversion of CBS Outdoor Americas Inc. (NYSE:CBSO) to a real estate investment trust and the subsequent spin-off brought in about $5 billion to CBS, which it may use for buybacks and potential acquisitions.CBS Outdoor Americas Inc (NYSE:CBSO) shares moved up 3.05%in last trading session and was closed at $31.41, while trading in range of $30.77 – $32.00. CBS Outdoor Americas Inc (NYSE:CBSO)} year to date (YTD) performance is 6.47%.
The consolidated profit after tax was more than Rs.10 K crore.ICICI Bank Ltd (ADR) (NYSE:IBN) has also seen 18% year on year increase in standalone profit after tax, which was for FY2014.ICICI Bank Ltd (ADR)(NYSE:IBN)ended the last trading day at $48.50. Company weekly volatility is calculated as 2.27% and price to cash ratio as 0.72. ICICI Bank Ltd (ADR) (NYSE:IBN) showed a positive weekly performance of 13.56%.