Axalta Coating Systems Ltd. (AXTA) managed to rebound with the stock climbing 1.46% or $0.41 to close the day at $28.47 on active trading volume of 4.82M shares, compared to its three month average trading volume of 2.39M. The Philadelphia Pennsylvania 19103 based company has been outperforming the specialty chemicals group over the past 52 weeks, with the stock gaining 25.47%, compared to the industry which has advanced 31.46% over the same period. With RSI of 66.11, the stock should still continue to rise and get closer to its one year target estimate of $31.19, making it a hold for now.
Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry. It operates through two segments, Performance Coatings and Transportation Coatings. The Performance Coatings segment offers various waterborne and solventborne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. This segment also provides functional and decorative liquid and powder coatings for use in various industrial applications, including architectural cladding and fittings, automotive coatings, general industrial, job coaters, electrical insulation coatings, HVAC, appliances, rebar, and oil and gas pipelines. It offers liquid coatings under the Voltatex, AquaEC, Chemophan, Lutophen, Stollaquid, and Syntopal brand names; and powder coatings under the brand names of Alesta, Nap-Gard, and Abcite. This segment sells and supplies its products directly to customers, as well as through a network of independent local distributors. The Transportation Coatings segment develops and supplies a line of coatings products, such as electrocoat, primer, basecoat, and clearcoat products for light vehicle OEMs for the coating of new vehicles; and various coatings systems for various commercial applications, including heavy-duty truck, bus, rail, and agricultural construction equipment. It sells and ships its products directly to light vehicle OEM customers. Axalta Coating Systems Ltd. has operations in North America; Europe, the Middle East, and Africa; the Asia Pacific; and Latin America. The company was formerly known as Axalta Coating Systems Bermuda Co., Ltd. and changed its name to Axalta Coating Systems Ltd. in August 2014. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Philadelphia, Pennsylvania.
The Gap, Inc. (GPS) fell -0.75% during last trading as the stock lost $-0.18 to finish the day at $23.97 with about 4.77M shares changing hands, compared to its three month average trading volume of 6.4M. The $9.7B market cap company, which fluctuated between $23.46 and $24.15 during the day, currently situated 45.51% above its 52 week low of $17 and -21.23% away from its one year high of $30.74. The RSI of 45.01 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. The company provides apparel, eyewear, jewelry, shoes, handbags, and fragrances; and performance and lifestyle apparel for use in yoga, strength training, and running, as well as seasonal sports, including skiing and tennis. The Gap, Inc. offers its products through company-operated stores, franchise stores, Websites, e-commerce and social media sites, and catalogs. The company has franchise agreements with unaffiliated franchisees to operate Gap, Banana Republic, and Old Navy stores in Asia, Australia, Europe, Latin America, the Middle East, and Africa. As of November 17, 2016, it operated 3,300 company-operated stores and 450 franchise stores. The company was founded in 1969 and is headquartered in San Francisco, California.
Tenet Healthcare Corp. (THC) saw its value decrease by -2.9% as the stock dropped $-0.55 to finish the day at a closing price of $18.44. The stock was higher in trading and has fluctuated between $14.06-$34.08 per share for the past year. The shares, which traded within a range of $18.29 to $19.03 during the day, are down by -19.93% in the past three months and down by -39.76% over the past six months. It is currently trading 14.31% above its 20 day moving average and 14.89% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $24.56 a share over the next twelve months. The current relative strength index (RSI) reading is 68.07. The technical indicator lead us to believe there will be no major movement any time soon, hold.
Tenet Healthcare Corp., together with its subsidiaries, primarily operates acute care hospitals and related healthcare facilities. The company operates through three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive, critical, and coronary care units; physical therapy, orthopedic, oncology, and outpatient services; tertiary care services, including open-heart surgery, neonatal intensive care, and neurosciences; quaternary care services for heart, liver, kidney, and bone marrow transplants; quaternary pediatric and burn services; gamma-knife brain surgery; and cyberknife radiation therapy for tumors and lesions in the brain, lung, neck, and spine. In addition, it offers clinical research programs related to cardiovascular and pulmonary diseases, musculoskeletal disorders, neurological disorders, genitourinary diseases, and various cancers, as well as drug and medical device studies. Further, the company operates freestanding ambulatory surgery and imaging centers, short-stay surgical facilities, and Aspen’s hospitals and clinics. Additionally, it offers operational management for patient access, accounts receivable management, health information management, revenue integrity, and patient financial services; communications and engagement solutions; and clinical integration, financial risk management, and population health management services. As of December 31, 2015, the company operated 86 hospitals, 20 short-stay surgical hospitals, and approximately 475 outpatient centers; and 9 private hospitals and clinics, as well as 249 ambulatory surgery, 20 imaging, and 35 urgent care centers in the United Kingdom. Tenet Healthcare Corp. was founded in 1967 and is headquartered in Dallas, Texas.