StockCall.com Provides Stock Research on Foster Wheeler AG, Fluor Corp., MasTec Inc., and Goldfield Corp.
New York City, New York -- (June 14, 2013)
Construction spending in the U.S. moved higher in April, according to a government report released earlier this month. Although government spending on construction projects fell in April, it was more than offset by business spending on construction projects. Going forward, businesses will be a key growth driver for construction spending. On Thursday, June 13, 2013, shares in heavy construction companies ended mostly higher, tracking gains in the broader market. The major movers in the sector includedFoster Wheeler AG (NASDAQ: FWLT), Fluor Corporation (NYSE: FLR), MasTec Inc (NYSE: MTZ), and Goldfield Corp (NYSE: GV). StockCall professionals have completed their technical analysis on FWLT, FLR, MTZ, and GV and these free reports are accessible by registering at
www.stockcall.com/research
Shares in Foster Wheeler AG showed robust gains on Thursday, rising 2.58% to close at $23.48 on a total volume of 683,238 shares. The company’s average daily trading volume stands at 1.10 million. During the same session, the stock oscillated between $22.75 and $23.64. It is worth noting that over the past 5 trading days, FWLT gained 2% while the markets wavered. So far this year, the share has increased 0.64%. Foster Wheeler’s shares have high volatility with beta of 2.01, and the company commands a market capitalization of $2.35 billion. Be sure to read our latest technical research on FWLT by registering at
www.StockCall.com/FWLT061413.pdf
Fluor Corporation’s stock hit an intraday low of $60.00 to finish the day 1.54% higher at $61.14. A total of 1.61 million shares were traded in comparison to its usual trading volume of 1.78 million shares. The stock is up 6.83% so far this year. In the past 52 weeks, FLR’s shares traded between $44.99 and $66.90. Fluor shows mildly high volatility as implied by its beta of 1.49. The stock is currently trading below its 20-day moving average price of $63.28 but above 50-day moving average price of $60.65. Sign up and read the complimentary report on FLR at
www.StockCall.com/FLR061413.pdf
MasTec Inc.’s stock ended higher on Thursday, finishing at $30.94, or up 2.38%, on a total of 524,297 shares traded during the session. The stock’s usual trading volume stands at 790,832 shares. In the past 52 weeks, the stock oscillated between $12.86 and $33.97. MasTec commands market capitalization of $2.38 billion, and its stock gained 94.47 percent in the past 52 weeks. It trades at beta of 1.40 which defines a mildly high volatility. The free report on MTZ can be downloaded by signing up now at
www.StockCall.com/MTZ061413.pdf
Shares in Goldfield Corp. moved higher yesterday as the stock hit an intraday high of $2.40, before finishing the session 0.42% higher at $2.40. So far this year, the share has grown more than 29%, thus outperforming the S&P 500. The company’s stock currently trades above its 20-day but below 50-day moving average price of $2.36 and $2.72 respectively. Goldfield saw a volume turnover of 138,727 shares during its Thursday’s session. Its beta of 1.45 implies mildly high volatility. Free report on GV can be accessed by registering at
www.StockCall.com/GV061413.pdf
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