P&F Triple Bottom Breakout – SEE, SEM, SID, SJW, SLT
by Yvonne Magtibay in Business on Aug 30, 2011
Sealed Air Corporation surged 2.35%, to close at $17.42 and its overall traded volume was 6.04M shares in the last trading session. SEE shares were trading within the range of $17.17-$17.49 while its opening price was $17.27. The stock has a 52 week low of $16.20 and 52 week high of $28.77. At current market price, the market capitalization of the company stands at $2.79B and it has 160.21M outstanding shares.
Sealed Air Corporation (Sealed Air) is a manufacturer of a range of packaging and performance-based materials and equipment systems, which serves a range of food, industrial, medical and consumer applications. The Company operates in three segments and an Other category. The Company’s segments are Food Packaging; Food Solutions; and Protective Packaging, which includes Shrink Packaging. Its Other category includes specialty materials, medical applications and new ventures. During the year ended December 31, 2010, its operations generated approximately 54% of its revenue from outside the United States and approximately 16% of its revenue from developing regions. These developing regions are Africa, Central and Eastern Europe, the People’s Republic of China, Commonwealth of Independent States, India, Latin America, Middle East and Southeast Asia. The Company conducts its business through two direct wholly owned subsidiaries, Cryovac, Inc. and Sealed Air Corporation.
Select Medical Holdings Corporation surged 4.48%, to close at $6.76 and its overall traded volume was 306,473.00 shares in the last trading session. SEM opened at $6.57 and is trading within the range of $6.54-$6.80. The stock has a 52 week low of $5.48 and 52 week high of $9.66. At current market price, the market capitalization of the company stands at $1.04B and it has 154.15M outstanding shares. Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States. As of December 31, 2009, the Company operated 89 long-term acute care hospitals and six inpatient rehabilitation facilities in 25 states, and 961 outpatient rehabilitation clinics in 37 states and the District of Columbia. It also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites. The Company operates in two business segments: specialty hospital and outpatient rehabilitation segments. Its specia lty hospital segment consists of hospitals designed to serve the needs of long-term stay acute patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care. Its outpatient rehabilitation business consists of clinics and contract services that provide physical, occupational and speech rehabilitation services.
Companhia Siderurgica Nacional percentage change grew 4.93%, to close at $9.80 and its overall traded volume was 3.77M shares in the last trading session. SID shares were trading within the range of $9.40-$9.83 while its opening price was $9.45. The stock has a 52 week range of $8.01 – $18.41. SID’s market capitalization is $14.53B and it has 1.48B outstanding shares. Companhia Siderurgica Nacional (CSN) is an integrated steel producer in Brazil and Latin America. The Company focuses on mining, steel production, logistics, cement and energy. In its mining operations, CSN extracts iron ore, dolomite and limestone from its mines, in addition to producing tin. The steel manufacturing facilities produce a range of steel products, including several types of corrosion-resistant galvanized steel products, tin plates, flat steel and long steel. CSN operates two terminals at the Port of Sepetiba and holds stakes in two railroad companies, MRS Logistica and Transnordestina. The Company entered the cement market in 2009 and expects t o reach full production capacity in 2012. Since 1998, CSN has been investing in energy generation projects to guarantee its self-sufficiency and, as of December 31, 2010, the Company had assets with 428 Megawatts (MW) of installed capacity. CSN has several subsidiaries, including CSN Minerals, Sepetiba Tecon and Inal Nordeste.
SJW Corp. surged 2.99%, to close at $23.07 and its overall traded volume was 32,638.00 shares in the last trading session. SJW opened the day at $22.56, it made an intraday low of $22.35 and an intraday high of $23.15. The stock has a 52 week range of $20.89 – $28.00. At current market price, the market capitalization of the company stands at $428.59M and it has 18.58M outstanding shares. SJW Corp. is a holding company with four subsidiaries: San Jose Water Company, SJW Land Company SJWTX, Inc. and Texas Water Alliance Limited (TWA). San Jose Water Company is a public utility in the business of providing water service to approximately 226,000 connections that serve a population of approximately one million people in an area comprising approximately 142 square miles in the metropolitan San Jose area. SJW Land Company owns undeveloped land in the states of California and Tennessee, owns and operates commercial buildings in the states of California, Florida, Connecticut, Texas, Arizona and Tennessee, and has a 70% limited partnership interest in 444 West Santa Clara Street, L.P. SJWTX, Inc., doing business as Canyon Lake Water Service Company (CLWSC), provides water service to approximately 9,000 connections that serve approximately 36,000 residents in western Comal County and southern Blanco County.
Sterlite Industries (India) Limited percentage change grew 3.67%, to close at $11.30 and its overall traded volume was 1.75M shares in the last trading session. SLT opened at $11.21 and is trading within the range of $11.20-$11.58. The stock has a 52 week range of $10.45 – $17.39. At current market price, the market capitalization of the company stands at $37.98B and it has 3.36B outstanding shares. Sterlite Industries (India) Limited (Sterlite) is a metals and mining company. The Company operates in three segments: Copper, Phosphoric Acid and other business segment. Copper consists of manufacturing of copper cathode, continuous cast copper rod, anode slime and dore. The other business segment consists of Aluminium Foils. The Company’s commercial power generation business also includes the wind power plants. The Company’s principal operations are located in India, Australia, the United Arab Emirates, Namibia, South Africa and Ireland. Sterlite is the principal subsidiary of Vedanta Resources plc. During the fiscal year ended Ma rch 31, 2011 (fiscal 2011), the Company acquired the zinc assets of Anglo-American Plc. (Anglo Zinc). This acquisition consisted of the 100% owned Skorpion mine in Namibia, the 100% owned Lisheen mine in Ireland and the 74% owned Black Mountain Mines, which includes the Black Mountain mine and the Gamsberg project in South Africa.
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