Quotidian Technical Highlights on Selected Machinery Stocks -- Middleby, ABB Ltd, Generac, and Ingersoll-Rand

NEW YORK, Dec. 21, 2017 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on MIDD, ABB, GNRC, and IR which can be accessed for free by signing up to www.wallstequities.com/registration. The scenario for machinery stocks has improved this year, with indicators pointing toward healthy operating conditions in the industry, according to a Zacks report. So, this morning, WallStEquities.com shifts focus on four equities in the Diversified Machinery space to observe their most recent performance: The Middleby Corp. (NASDAQ: MIDD), ABB Ltd (NYSE: ABB), Generac Holdings Inc. (NYSE: GNRC), and Ingersoll-Rand PLC (NYSE: IR). All you have to do is sign up today for this free limited time offer, click the link below: www.wallstequities.com/registration

Middleby

On Wednesday, shares in Elgin, Illinois-based The Middleby Corp. recorded a trading volume of 485,572 shares. The stock ended at $131.09, climbing 0.18% from the last trading session. The Company's shares have gained 14.19% in the last one month, 8.08% over the previous three months, and 1.77% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.99% and 3.47%, respectively. Furthermore, shares of Middleby, which designs, manufactures, markets, distributes, and services commercial foodservice, food processing, and residential kitchen equipment in the US, Canada, Asia, Europe, Middle-East, and Latin America, have a Relative Strength Index (RSI) of 69.51. 

On December 07^th, 2017, Middleby announced the acquisition of Scanico A/S, a leading manufacturer of industrial cooling and freezing equipment for the Food Processing industry. The company is based in Aalborg, Denmark and has approximately $30 million in annual revenues. Get the full research report on MIDD for free by clicking below at: www.wallstequities.com/registration/?symbol=MIDD

ABB Ltd

Zurich, Switzerland headquartered ABB Ltd's stock finished yesterday's session 0.11% lower at $26.56. A total volume of 1.78 million shares was traded, which was above their three months average volume of 1.62 million shares. The Company's shares have gained 4.65% in the last one month, 7.84% over the previous three months, and 26.06% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.65% and 8.43%, respectively. Furthermore, shares of ABB Ltd, which manufactures and sells electrification, robotics and motion, power grid, and industrial automation products for utilities, transportation, infrastructure, and industrial customers worldwide, have an RSI of 65.87. The free technical report on ABB can be accessed at: www.wallstequities.com/registration/?symbol=ABB

Generac Holdings

At the close of trading on Wednesday, shares in Waukesha, Wisconsin headquartered Generac Holdings Inc. rose 0.49%, ending the day at $49.65. The stock recorded a trading volume of 183,278 shares. The Company's shares have advanced 1.83% in the last one month, 10.33% in the previous three months, and 21.87% since the start of this year. The stock is trading 21.26% above its 200-day moving average. Moreover, shares of Generac, which designs, manufactures, and sells power generation equipment and other engine powered products for the residential, light commercial, and industrial markets worldwide, have an RSI of 52.60. Sign up for free on Wall St. Equities and claim the latest report on GNRC at: www.wallstequities.com/registration/?symbol=GNRC

Ingersoll-Rand

Swords, Ireland headquartered Ingersoll-Rand PLC's shares ended the day 0.54% higher at $87.21 with a total trading volume of 1.09 million shares. The stock has gained 2.93% in the last month and 16.22% on an YTD basis. The Company's shares are trading 0.13% below their 200-day moving average. Additionally, shares of Ingersoll-Rand, which designs, manufactures, sells, and services industrial and commercial products, have an RSI of 49.98. 

On December 08^th, 2017, research firm Goldman upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On December 11^th, 2017, Ingersoll-Rand's Board of Directors elected Kirk E. Arnold and Karen B. Peetz its members. Arnold and Peetz will join in February and April 2018, respectively. Arnold will serve on the Compensation, Corporate Governance and Nominating, and Technology and Innovation Committees of the Board, and Peetz will serve on the Audit and Finance Committees. See the free research coverage on IR at: www.wallstequities.com/registration/?symbol=IR

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