Technical Briefing on Metals and Mining Equities -- Nucor, BHP Billiton, Commercial Metals, Mechel, and Reliance Steel and Aluminum

LONDON, April 6, 2015 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Investor-Edge has initiated coverage on the following equities: Nucor Corporation (NYSE: NUE), BHP Billiton Ltd. (NYSE: BHP), Commercial Metals Company (NYSE: CMC), Mechel (NYSE: MTL), and Reliance Steel and Aluminum Company (NYSE: RS). Free research report on Nucor can be accessed at http://get.Investor-Edge.com/pdf/?c=Nucor&d=06-Apr-2015&s=NUE. On Thursday, April 02, 2015, the NASDAQ Composite ended at 4,886.94, up 0.14%, the Dow Jones Industrial Average advanced 0.37%, to finish the day at 17,763.24, and the S&P 500 closed at 2,066.96, up 0.35%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Materials Sector Index ended the day at 307.23, up 0.11%, with the index also advancing 0.46% in the previous three months. Register for your complimentary reports at the links given below.  

Nucor Corp.'s stock gained 2.05%, to close Thursday's session at $47.26, after oscillating between $45.91 and $47.36. The stock recorded a trading volume of 2.17 million shares, below its three months average volume of 2.68 million shares. Over the previous three trading sessions and the last one month, Nucor Corp.'s shares have lost 0.15% and 0.32%, respectively. Additionally, the stock has declined 7.51% in the last one year. The company is trading above its 50-day moving average. The stock's 200-day moving average of $50.51 is above its 50-day moving average of $46.89. Further, Nucor Corp.'s stock traded at a PE ratio of 20.84 and has a Relative Strength Index (RSI) of 50.62. Sign up and read the free notes on NUE at:

http://get.Investor-Edge.com/pdf/?c=Nucor&d=06-Apr-2015&s=NUE

BHP Billiton Ltd.'s stock finished Thursday's session 1.13% lower at $45.56. A total of 2.61 million shares were traded, which was below its three months average volume of 2.85 million shares. The stock moved between $44.97 and $45.64 during the session. BHP Billiton Ltd.'s shares have lost 3.43% in the previous three trading sessions and 4.16% in the last three months. Additionally, the stock has declined 34.82% in the past one year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $57.65 is greater than its 50-day moving average of $48.47. BHP Billiton Ltd.'s stock has an RSI of 38.70. The complimentary notes on BHP can be downloaded as in PDF format at:

http://get.Investor-Edge.com/pdf/?c=BHP%20Billiton&d=06-Apr-2015&s=BHP

On Thursday, shares in Commercial Metals Co. fluctuated between $15.97 and $16.15 before ending the session 0.31% lower at $16.09. The stock reported a trading volume of 1.03 million shares, below its three months average volume of 1.19 million shares. Shares of the company traded at a PE ratio of 11.98. Although, Commercial Metals Co.'s shares have advanced 7.84% in the last one month, it has lost 1.23% in the previous three trading sessions and 16.15% in the past one year. The company is trading above its 50-day moving average of $14.80. Moreover, shares of Commercial Metals Co. have an RSI of 63.51. Register for free on Investor-Edge and access the latest research on CMC at:

http://get.Investor-Edge.com/pdf/?c=Commercial%20Metals&d=06-Apr-2015&s=CMC

Mechel's stock declined 2.92%, to close the day at $1.33. The stock recorded a trading volume of 0.26 million shares, much below its three months average volume of 0.92 million shares. The stock oscillated between $1.26 and $1.38 during the session. Over the last three trading sessions and over the past one year, Mechel's shares have lost 1.48% and 33.50%, respectively. However, the stock has rallied 91.54% in the previous three months. The company is trading above its 200-day moving average of $1.29, while the 200-day moving average is below Mechel's 50-day moving average of $1.36. Additionally, the stock has an RSI of 49.63. The complete research on MTL is available for free at:

http://get.Investor-Edge.com/pdf/?c=Mechel&d=06-Apr-2015&s=MTL

On Thursday, shares in Reliance Steel and Aluminum Co. recorded a trading volume of 0.43 million shares, lower than its three months average volume of 0.74 million shares. The stock ended the day at $61.39, which was 0.85% above its previous day's closing of $60.87, and registered an intraday range of $60.20 and $61.52. Shares of the company traded at a PE ratio of 12.55. Reliance Steel and Aluminum Co.'s shares have gained 0.72% in the previous three trading sessions and 5.75% in the last one month. However, the stock has declined 14.38% in the past one year. The company is trading above its 50-day moving average of $56.56. Furthermore, shares of Reliance Steel and Aluminum Co. have an RSI of 62.62. Free in depth research on RS is available at:

http://get.Investor-Edge.com/pdf/?c=Reliance%20Steel%20and%20Aluminum&d=06-Apr-2015&s=RS

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge