Tungsten Carbide Company Shares of Kennametal Inc. Rally 1.23%

Shares of Kennametal Inc. appreciated by 1.23% during the past week but lost 2.05% on a 4-week basis. The shares have outperformed the S&P 500 by 1.64% in the past week but underperformed the index by 1.78% in the last 4 weeks.
Currently the company Insiders own 0.3% of Kennametal Inc. Company shares. In the past six months, there is a change of -3.05% in the total insider ownership. Institutional Investors own 95.3% of Company shares. During last 3 month period, 5.98% of total institutional ownership has changed in the company shares. The company shares have dropped 23.27% in the last 52 Weeks. On July 22, 2014 The shares registered a 52-week high of $46.76 and 52-week low was seen on January 29, 2015 at $27.63. The 50-day moving average is $36.64 and the 200 day moving average is recorded at $34.87. S&P 500 has rallied 7.73% during the last 52-weeks.

Kennametal Inc.: On Friday heightened volatility was witnessed in Kennametal Inc. (NYSE:KMT) which led to swings in the share price. The shares opened for trading at $35.11 and hit $35.35 on the upside , eventually ending the session at $35.32, with a gain of 0.8% or 0.28 points. The heightened volatility saw the trading volume jump to 557,756 shares. The 52-week high of the share price is $46.76 and the company has a market cap of $2,800 million. The 52-week low of the share price is at $27.63 .



Kennametal Inc. is a supplier of tooling, engineered components and advanced materials consumed in production processes. It operates in two segments: Industrial and Infrastructure. The Companys product offering includes a wide selection of standard and customized technologies for metalworking, such as metal cutting tools, tooling systems and services, as well as advanced, materials, such as cemented tungsten carbide products, super alloys, coatings and investment castings to address customer demands. The Company specializes in developing and manufacturing metalworking tools and wear-resistant engineered components and coatings using specialized types of powder metallurgy. The Companys metalworking tools are made of cemented tungsten carbides, ceramics, cermets and super-hard materials. In November 2013, Allegheny Technologies Inc has completed the sale of its tungsten materials business to Kennametal Inc.

Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
Tel.: 86 592 5129696; Fax: 86 592 5129797; Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

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