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Archive for August 21st, 2018

Equity Price Patterns of 39 Companies with Ties to Construction

Tuesday, August 21st, 2018

Article source: ConstructConnect

There’s nothing complicated about today’s article. It simply examines, with the aid of the accompanying table, the latest 12-month performances of the share prices of nearly 40 well-known companies.

2018-08-21-Equity-Price-Graphic

The 39 firms have been arranged alphabetically according to their primary industrial activity. Not all sectors are represented. One obvious omission is ‘health care’. CVS and Walgreens-Boots under ‘General Retail’ will have to serve as proxies.

But there has been an attempt to capture companies with direct or indirect (i.e., through capital spending on manufacturing facilities, retail space, etc.) ties to construction.

For each company, the two right-hand, percentage-change columns compare the current share price with: (1) the latest 12-month low; and (2) the latest 12-month high.

With respect to 12-month lows, percentage changes that are 50.0% or more have been shaded lightly in gray.

With respect to 12-month highs, percentage changes that are -20.0% or more steeply negative have been shaded in red.

(more…)




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