Early Briefing on Industrials Sector Equities -- Research on ITT Corp., JB Hunt Transport Services, Knight Transportation, and MRC Global

LONDON, June 17, 2014 /PRNewswire/ --



On Monday, June 16, 2014, the NASDAQ Composite ended at 4,321.11, up 0.24%, the Dow Jones Industrial Average edged 0.03% higher to finish the day at 16,781.01, and the S&P 500 closed at 1,937.78, up 0.08%. The gains were broad based with seven out of ten sectors ending the session in positive. The S&P 500 Industrials Sector Index ended the day at 467.85, down 0.16%, whereas the index has gained 6.17% in the previous three months. Investor-Edge has initiated coverage on the following equities: ITT Corp. (NYSE: ITT), JB Hunt Transport Services Inc. (NASDAQ: JBHT), Knight Transportation Inc. (NYSE: KNX) and MRC Global Inc. (NYSE: MRC). Free technical research on ITT, JBHT, KNX and MRC can be downloaded upon signing up at:

http://www.investor-edge.com/3859-register

ITT Corp.'s stock edged 0.55% higher, to close the day at $45.92, hitting a new 52-week high of $45.98. The stock recorded a trading volume of 0.85 million shares, above its three months average volume of 0.73 million shares. The company shares oscillated between $45.45 and $45.98 during the session. Over the last three trading sessions and over the past one month, ITT Corp.'s shares have gained 1.21% and 5.01%, respectively. Further, the stock has advanced 5.76% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages of $43.89 and $41.10, respectively. Additionally, ITT Corp.'s stock traded at a PE ratio of 7.36 and has a Relative Strength Index (RSI) of 63.66. Sign up today to read free research on ITT at:

http://www.investor-edge.com/3859-ITT-17Jun2014.pdf

On Monday, shares in JB Hunt Transport Services Inc. recorded a trading volume of 0.49 million shares, lower than its three months average volume of 0.91 million shares. The stock ended the day at $75.58, which was 0.03% below its previous day's closing of $75.60, and registered an intraday range of $75.33 and $76.04. Shares of the company traded at a PE ratio of 26.42. JB Hunt Transport Services Inc.'s stock has fallen by 1.00% in the previous three trading sessions, 1.70% in the last one month, and 2.23% on YTD basis. The stock is trading above its 200-day moving average of $74.55, while the 200-day moving average is below its 50-day moving average of $75.99. Furthermore, shares of JB Hunt Transport Services Inc. have an RSI of 41.41. Sign up today to read free research on JBHT at:

http://www.investor-edge.com/3859-JBHT-17Jun2014.pdf

Knight Transportation Inc.'s stock finished the Monday's session 0.29% lower at $23.82. A total of 0.36 million shares were traded, which was below its three months average volume of 0.68 million shares. The stock vacillated between $23.71 and $24.06 during the session. Over the last one month and over the previous three months, Knight Transportation Inc.'s shares have advanced 4.61% and 5.35%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 29.88%. The stock is trading above its 50-day and 200-day moving averages of $23.67 and $20.10, respectively. Knight Transportation Inc.'s stock traded at a PE ratio of 26.32 and has an RSI of 50.71. Sign up today to read free research on KNX at:

http://www.investor-edge.com/3859-KNX-17Jun2014.pdf

On Monday, shares in MRC Global Inc. fluctuated between $28.37 and $28.73 before ending the session 1.18% lower at $28.38. The stock reported a trading volume of 1.07 million shares, which was at par with its three months average volume. Shares of the company traded at a PE ratio of 20.81. MRC Global Inc.'s shares have fallen by 1.90% in the previous three trading sessions, 0.04% in the last one month, and 12.03% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $28.60 is greater than its 50-day moving average of $28.47. Moreover, shares of MRC Global Inc. have an RSI of 49.61. Sign up today to read free research on MRC at:

http://www.investor-edge.com/3859-MRC-17Jun2014.pdf


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