Early Briefing and Review: Allegheny Technologies Inc., Precision Castparts Corp., Carpenter Technology Corp., and Reliance Steel & Aluminum Co.

LONDON, August 16, 2013 /PRNewswire/ --

The U.S. equity market saw a sharp decline on Thursday, August 15, 2013. The S&P 500 fell 1.43%, the Dow Jones Industrial Average declined 1.47%, and the Nasdaq Composite was down 1.72%. Shares in industrial goods companies ended on a declining note, tracking losses in the broader market. The major movers in the sector included Allegheny Technologies Inc. (NYSE: ATI), Precision Castparts Corp. (NYSE: PCP), Carpenter Technology Corp. (NYSE: CRS), and Reliance Steel & Aluminum Co. (NYSE: RS). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:

http://www.aaaresearchreports.com/register/  

Allegheny Technologies Inc. stock moved lower on Thursday as the broader market ended on a negative note. The company's shares ended the day 2.23% lower at $27.61 after fluctuating between $27.36 and $27.87. A total of 1.29 million shares were traded which is below the daily average volume of 1.65 million. Allegheny Technologies Inc.'s stock is trading above its 50-day moving average. Moreover, the stock is up 2.64% in the last one month, outperforming the S&P 500 which has lost 1.26% during the same period. Sign up for free report on ATI at:

http://www.AAAResearchReports.com/ATI081613.pdf

On Thursday, shares in Precision Castparts Corp. ended lower after fluctuating between $217.49 and $220.62. The company's shares finished the day 0.88% lower at $217.58. A total of 0.53 million shares were traded which is below the daily average volume of 0.71 million. The company's shares have gained 0.65% in the last three trading sessions, and 2.87% in the last three months, outperforming the S&P 500 which has lost 1.67% and gained 0.15% in the respective periods. PCP free technical report can be accessed by signing up at:

http://www.AAAResearchReports.com/PCP081613.pdf

Shares in Carpenter Technology Corp. ended slightly lower on Thursday, finishing at $55.25, down 0.09% from their previous closing price. The company's shares oscillated between $54.27 and $55.54. A total of 340,675 shares were traded which is above the daily average volume of 340,553. Despite Thursday's pullback, Carpenter Technology Corp.'s shares have gained 15.85% in the last three months, outperforming the S&P 500 which has gained 0.15% during the same period. Moreover, the shares are trading above their 50-day and 200-day moving averages. A free report on CRS can be accessed by registering at:

http://www.AAAResearchReports.com/CRS081613.pdf

On Thursday, Reliance Steel and Aluminum Co. stock fell sharply 1.81%, extending the losses from previous trading sessions. The company's shares ended the day at $69.39 after fluctuating between $68.97 and $70.14. A total of 0.20 million shares were traded which is below the daily average volume of 0.46 million. The stock is currently trading above its 50-day and 200-day moving averages. Moreover, the company's shares have gained 2.60% in the last three months, outperforming the S&P 500 which has gained 0.15% during the same period. Register with AAA Research Reports and download research on RS for free at:

http://www.AAAResearchReports.com/RS081613.pdf

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