Business

News Recap: B/E Aerospace Inc (NASDAQ:BEAV), Expeditors International of Washington (NASDAQ:EXPD), FelCor Lodging Trust Incorporated (NYSE:FCH)

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B/E Aerospace Inc (NASDAQ:BEAV) increased +0.81% during last trading as the stock added $0.40 to finish the day at $49.48 with about 929,358.00 shares changing hands, compared to its three month average trading volume of 998,380.00. The $5.07B market cap company, which fluctuated between $48.59 and $49.59 during the day, currently situated 37.86% above its 52 week low of $35.89 and -2.47% away from its one year high of $50.74. The RSI of 63.07 indicates the stock is overbought at the current levels, sell for now. B/E Aerospace, Inc. is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services to various airlines and aerospace manufacturers across the world. It operates through two segments: commercial aircraft (CAS) and business jet (BJS).

Expeditors International of Washington (NASDAQ:EXPD) gained $0.41 to close the day at a new closing price of $51.18, a 0.81% increase in value from its previous closing price that moved the stock 37.86% above its 52 week low of $35.89. A total of 915,897.00 shares exchanged hands during the day compared with its three month average trading volume of 1.10M. The stock, which fluctuated between $50.47 and $51.19 during the day, currently situated -2.47% below its 52 week high. The stock is up by 7.53% in the past one month and up by 6.70% over the past three months. With a one year target estimate of $54.36 and RSI of 63.07, the stock still has upside potential, making it a hold for now. Expeditors International of Washington, Inc. is a logistics company. The Company is a third party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers.

FelCor Lodging Trust Incorporated (NYSE:FCH) had a light trading with around 916,043.00 shares changing hands compared to its three month average trading volume of 1.25M. The stock traded between $6.48 and $6.64 before closing at the price of $6.63 with 1.38% change on the day. The company is currently trading 23.27% above its 52 week low of $5.38 and -21.16% below its 52 week high of $8.41. Both the RSI indicator and target price of 56.46 and $7.20 respectively, lead us to believe that it could drop over the coming weeks. FelCor Lodging Trust Incorporated is a real estate investment trust. The Company, through its subsidiary, FelCor Lodging Limited Partnership, holds ownership interests in approximately 40 hotels with over 12,440 rooms.

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