Colony NorthStar, Inc. (CLNS) climbed 0.99% during last trading as the stock added $0.14 to finish the day at $14.34 with about 1.75M shares changing hands, compared to its three month average trading volume of 4M. The $7.88B market cap company, which fluctuated between $14.27 and $14.44 during the day, currently situated 74.36% above its 52 week low of $9.17 and -4.21% away from its one year high of $16.08. The RSI of 53.87 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
The firm invests in the real estate markets of North America and Europe. Its investment portfolio is primarily composed of real estate equity; real estate and real estate-related debt; and investment management of company-sponsored private equity funds and vehicles. The firm invests in wide spectrum of commercial real estate property types, including but not limited to, office, industrial, retail, hospitality, education, single-family and multifamily residential assets, and geographies, primarily within North America and Europe. It was formerly known as Colony Financial, Inc. Colony Capital, Inc. was formed on June 23, 2009 and is based in Los Angeles, California.
CDK Global, Inc. (CDK) gained $0.99 to close the day at a new closing price of $65, a 1.55% increase in value from its previous closing price that moved the stock 62.84% above its 52 week low of $40.33. A total of 1.74M shares exchanged hands during the day compared with its three month average trading volume of 656.55K. The stock, which fluctuated between $64.4 and $65.42 during the day, currently situated -0.05% below its 52 week high. The stock is up by 8.8% in the past one month and up by 17.12% over the past three months. With a one year target estimate of $64.75 and RSI of 75.51, the stock still has upside potential, making it a sell for now.
CDK Global, Inc. provides integrated information technology and digital marketing solutions to the automotive retail and other industries worldwide. The company operates through Retail Solutions North America, Advertising North America, and CDK International segments. It offers technology-based solutions, including automotive Website platforms; and advertising solutions comprising the management of digital advertising spend, for original equipment manufacturers and automotive retailers. The company’s solutions automate and integrate various parts of the dealership and buying process from targeted digital advertising and marketing campaigns to the sale, financing, insuring, parts supply, repair, and maintenance of vehicles. It provides solutions to dealers serving approximately 27,000 retail locations and automotive manufacturers. CDK Global, Inc. is headquartered in Hoffman Estates, Illinois.
Flowserve Corporation (FLS) had a active trading with around 1.74M shares changing hands compared to its three month average trading volume of 1.21M. The stock traded between $48.22 and $48.86 before closing at the price of $48.65 with 0.95% change on the day. The Irving Texas 75039 based company is currently trading 34.14% above its 52 week low of $38.04 and -6.62% below its 52 week high of $52.5. Both the RSI indicator and target price of 43.52 and $47.79 respectively, lead us to believe that it should be put on hold over the coming weeks.
Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment worldwide. The company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD), and Flow Control Division (FCD). The EPD segment offers custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related services, as well as manufactures gas-lubricated mechanical seals used in high-speed compressors. The IPD segment provides pre-configured engineered pumps and pump systems, and related products and services, including submersible motors and specialty products. The FCD segment offers industrial valve and automation solutions comprising isolation and control valves, actuation, controls, and related equipment; and energy management products, such as steam traps, boiler controls and condensate, and energy recovery systems. Its products are used to control, direct, and manage the flow of liquids and gases. The company also offers aftermarket equipment services consisting of installation, advanced diagnostics, repair, and retrofitting. It primarily serves oil and gas, chemical, power generation, and water management markets, as well as general industries that include mining and ore processing, pharmaceuticals, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was founded in 1912 and is headquartered in Irving, Texas.