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Coverage Initiated on Select Consumer Goods’ Stocks

LONDON, UK / ACCESSWIRE / July 15, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Consumer Goods sector. Companies recently under review include Goodyear Tire & Rubber, Trinseo, Callaway Golf, and Cooper Tire & Rubber. See our complete notes on Goodyear Tire & Rubber at:

http://www.activewallst.com/registration-3/?symbol=GT

Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.

As a result of competition, technology advancement, regulations, and consumer changing patterns, businesses in the Consumer Goods space are taking extra steps to promote activities and growth. Overall, industry outlook remains positive, and a score of strong players continue to perform and impress. Let us see how these factors are affecting some of the big names in the industry. Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

The Goodyear Tire & Rubber Co. (NASDAQ: GT)

Akron, Ohio headquartered The Goodyear Tire & Rubber Co.’s stock finished Thursday’s session 0.23% higher at $26.64. A total volume of 3.40 million shares was traded, which was above their three months average volume of 3.37 million shares. The Company’s shares have advanced 0.15% in the past month. The stock is trading below its 50-day moving average by 1.59%. Furthermore, shares of Goodyear Tire & Rubber, which together with its subsidiaries, develops, manufactures, markets, and distributes tires, and related products and services, have a Relative Strength Index (RSI) of 51.36.

On June 24, 2016, Goodyear Tire & Rubber announced a new extension to that support pledging a $100,000 donation to Support Our Troops®, a nonprofit nationwide organization that works to bolster the morale and well-being of America’s troops and their families. Additionally, Goodyear Tire & Rubber and Walmart, another significant military supporter, will ask consumers to nominate a deserving military member or their family members for a chance to win a new set of Goodyear tires and a coveted NASCAR® experience.

Trinseo S.A. (NYSE: TSE)

On Thursday, shares in Berwyn, Pennsylvania headquartered materials company, Trinseo S.A., ended the session at $49.78, up 2.39%. The stock recorded a trading volume of 606,690 shares. The Company’s shares have gained 6.32% in the last one month, 25.96% over the previous three months, and 77.77% since the start of this year. The stock is trading 9.92% above its 50-day moving average and 46.29% above its 200-day moving average. Moreover, shares of Trinseo, which manufactures and markets synthetic rubber, latex, and plastic products in Europe, the Middle East, North America, Latin America, and the Asia Pacific, have an RSI of 65.78.

On June 22, 2016, Trinseo announced a share repurchase program of up to $100 million. Trinseo’s previous share repurchase program was completed in the second quarter of 2016 with the repurchase of about 752,000 shares through open market purchases. The company also announced a dividend of $0.30 per share, payable on July 20, 2016, to shareholders of record as of the close of business on July 6, 2016.The complimentary note on TSE can be accessed at: http://www.activewallst.com/registration-3/?symbol=TSE.

Callaway Golf Co. (NYSE: ELY)

Carlsbad, California-based Callaway Golf Co.’s stock ended yesterday’s session 0.10% lower at $10.46 with a total volume of 323,711 shares traded. The Company’s shares have advanced 3.56% in the past month; 13.08% in the previous three months; and 11.29% since the start of this year. The stock is trading 5.52% above its 50-day moving average and 11.82% above its 200-day moving average. Additionally, shares of Callaway Golf , which together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories, have an RSI of 59.15.

On June 30, 2016 Callaway Golf Company announced that its Tokyo-based Japanese subsidiary, Callaway Golf K.K., completed the previously announced joint venture with its long-time licensee, TSI Groove & Sports Co, Ltd., a premier apparel manufacturer in Japan. Effective July 01, 2016, the new venture, Callaway Apparel K.K., will design, manufacture and sell Callaway branded apparel, footwear and headwear in Japan. Register for free and access the latest notes on ELY at: http://www.activewallst.com/registration-3/?symbol=ELY.

Cooper Tire & Rubber Co. (NYSE: CTB)

At the close on Thursday, shares in Findlay, Ohio headquartered Cooper Tire & Rubber Co. recorded a trading volume of 594,810 shares. The stock finished 0.75% higher at $31.03. The Company’s shares have gained 1.11% in the last one month. The stock is trading below its 50-day moving average by 0.94%. Furthermore, shares of Cooper Tire & Rubber, which together with its subsidiaries, manufactures and markets replacement tires globally, have an RSI of 52.38.

On July 01, 2016, Cooper Tire & Rubber unveiled the Cooper Zeon RS3-G1, a new all-season passenger car tire for high performance vehicles and drivers. The note on CTB is available for free at: http://www.activewallst.com/registration-3/?symbol=CTB.

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This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

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SOURCE: Active Wall Street

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