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Research Reports Initiation on Industrial Goods Stocks -- Vulcan Materials, Summit Materials, MDU Resources, and MasTec

SUM, MDU, MTZ, VMC

PR Newswire

NEW YORK, November 28, 2016 /PRNewswire/ --

Last Friday's session closed the Thanksgiving week on a bullish note with the NASDAQ Composite ending at 5,398.92, up 0.34%; the Dow Jones Industrial Average edging 0.36% higher, to finish at 19,152.14; and the S&P 500 closing at 2,213.35, up 0.39%. The US markets saw broad-based gains with eight out of nine sectors ending the half-day session in positive. Stock-Callers.com reviews these four industrial goods' stocks on Monday: Vulcan Materials Company (NYSE: VMC), Summit Materials Inc. (NYSE: SUM), MDU Resources Group Inc. (NYSE: MDU), and MasTec Inc. (NYSE: MTZ). You can access of our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

Vulcan Materials  

On Friday, shares in Birmingham, Alabama headquartered Vulcan Materials Co. ended the session 1.86% higher at $132.07 with a total volume of 690,415 shares traded. Vulcan Materials' shares have gained 17.89% in the last one month, 13.95% in the previous three months, and 28.66% in the past one year. Shares of the Company traded at a PE ratio of 46.60. The stock is trading 14.02% above its 50-day moving average and 16.84% above its 200-day moving average. Moreover, shares of the Company, which produces and sells construction aggregates, asphalt mix, and ready-mixed concrete primarily in the US, have a Relative Strength Index (RSI) of 66.48.

On November 16th, 2016, research firm Bank of America/Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'. Visit us today and download your complete report on VMC for free at:

http://stock-callers.com/registration/?symbol=VMC


Summit Materials  

Denver, Colorado headquartered Summit Materials Inc.'s stock finished Friday's session 0.08% higher at $24.45 with a total volume of 430,364 shares traded. Over the last one month and the previous three months, Summit Materials Inc.'s shares have surged 31.45% and 22.74%, respectively. Furthermore, the stock has advanced 7.24% in the past one year. Shares of the Company, which through its subsidiaries, produces and sells construction materials and related downstream products, are trading above its 50-day and 200-day moving averages by 21.85% and 21.53%, respectively. Summit Materials' stock traded at a PE ratio of 29.21 and has an RSI of 72.66.

On November 16th, 2016, research firm Bank of America/Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'. The complimentary research report on SUM can be accessed at:

http://stock-callers.com/registration/?symbol=SUM

MDU Resources Group  

On Friday, shares in Bismarck, North Dakota headquartered MDU Resources Group Inc. recorded a trading volume of 773,248 shares. The stock ended the day 1.30% higher at $28.11. Shares of the Company, which operates as a diversified natural resource company in the US, are trading at a PE ratio of 27.78. MDU Resources' stock has gained 9.93% in the last one month, 20.05% in the previous three months, and 65.08% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 9.02% and 25.44%, respectively. Furthermore, shares of MDU Resources Group have an RSI of 60.25. Register for free on Stock-Callers.com and download the PDF research report on MDU at:

http://stock-callers.com/registration/?symbol=MDU


MasTec  

Coral Gables, Florida headquartered MasTec Inc.'s stock closed the day flat at $37.05. The stock recorded a trading volume of 184,751 shares. MasTec's shares have gained 30.23% in the last one month and 23.34% in the previous three months. Furthermore, the stock has rallied 90.59% in the past one year. Shares of the Company, which provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility infrastructure in the US and internationally, are trading 22.09% and 49.77% above its 50-day and 200-day moving averages, respectively. Additionally, the stock has an RSI of 69.93.

On November 14th, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $35 a share to $40 a share. Get free access to your research report on MTZ at:

http://stock-callers.com/registration/?symbol=MTZ

--

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