Home / Street Sector / Recommended Mix Momentum Stocks: American Water Works (NYSE:AWK), Lockheed Martin (LMT), Commercial Metals (CMC)

Recommended Mix Momentum Stocks: American Water Works (NYSE:AWK), Lockheed Martin (LMT), Commercial Metals (CMC)

American Water Works Firm, Inc. (NYSE:AWK) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.69% to $76.15. Kentucky American Water a subsidiary of American Water (AWK), attained authorization from the Kentucky Public Service Commission to purchase the wastewater assets of Classic Construction, that serve Franklin County’s Ridgewood subdivision and areas adjacent to the neighborhood, and to assume providing wastewater services to that community, effective Oct. 7.

The Ridgewood-area wastewater system presently offers service to 107 consumers and serves a population of about 150. It is located 40 miles south of Kentucky American Water’s Northern District office in Owenton, Ky. “Kentucky American Water is happy with the PSC’s decision to approve this transaction, and we look forward to serving the consumers of the Ridgewood area in Franklin County by providing quality, reliable wastewater service,” stated Nick Rowe, president of Kentucky American Water and senior vice president for American Water’s Central Division. The share price of AWK attracts active investors, as stock price of week volatility recorded 1.58%. The stock is going forward to its 52-week low with 44.86% and lagging behind from its 52-week high price with -10.25%.

Lockheed Martin Corporation (NYSE:LMT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.11% to close at $245.79 with the total traded volume of 946531 shares. Lockheed Martin (LMT) reported that it will deliver a new simulation-based F-16 training environment for the Royal Jordanian Air Force (RJAF) under a contract valued at around $40 million. The family of training systems comprises a comprehensive suite of full mission trainers and combat tactics trainers that can be networked together, aligning technologies to deliver advanced training while meeting affordability goals.

“Our solution builds on our proven fifth-generation training system with hardware and software tailored for the F-16,” stated Sandy Samuel, vice president of Lockheed Martin’s Training and Simulation Solutions. “By fielding a family of training systems, we can help the Royal Jordanian Air Force reserve higher fidelity devices for more advanced training scenarios and optimize their pilot throughput in training.” Under this contract, Lockheed Martin will deliver the suite of simulators in 2018, also providing contractor logistics support services. The technology can be networked together to enable multiple pilots to train together on advanced scenarios. The firm has institutional ownership of 82.00%, while insider ownership included 0.03%. Its price to sales ratio ended at 1.52. LMT attains analyst recommendation of 2.40 with week performance of 2.21%.

Commercial Metals Firm (NYSE:CMC) [Trend Analysis] increased reacts as active mover, shares a gain 1.12% to traded at $16.24 and the percentage gap among open changing to regular change was -0.56%. The firm’s current ratio calculated as 4.20 for the most recent quarter. The firm past twelve months price to sales ratio was 0.39 and price to cash ratio remained 3.85. As far as the returns are concern, the return on equity was recorded as 3.60% and return on investment was 9.20% while its return on asset stayed at 1.50%. The firm has total debt to equity ratio measured as 0.79.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

Check Also

Stock Revamps on Eco Changes: Rigel Pharmaceuticals (NASDAQ:RIGL), JPMorgan Chase & Co. (NYSE:JPM)

Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease …

Leave a Reply

Your email address will not be published. Required fields are marked *