Federal Signal Corporation (FSS) : Analyst Rating Update

Federal Signal Corporation (FSS) : The consensus on Federal Signal Corporation (FSS) based on 2 analyst recommendation on the company stock is 2.5, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Federal Signal Corporation (NYSE:FSS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.83 and $12.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.91, notching a gain of 0.47% for the day. The total traded volume was 202,267 . The stock had closed at $12.85 on the previous day.

The company shares have dropped -11.68% from its 1 Year high price. On Nov 6, 2015, the shares registered one year high at $17.23 and the one year low was seen on Mar 2, 2016. The 50-Day Moving Average price is $13.03 and the 200 Day Moving Average price is recorded at $13.59.

Federal Signal Corporation designs and manufactures a suite of products and integrated solutions for municipal governmental industrial and commercial customers. Federal Signal Corporation and its subsidiaries operate 12 manufacturing facilities in six countries around the world. The Company operates in three segments: Environmental Solutions Safety and Security Systems and Fire Rescue. Environmental Solutions is a manufacturer and supplier of a range of street sweeper and vacuum trucks and waterblasting equipment for municipal and industrial customers. Safety and Security Systems is a manufacturer and supplier of systems and products that law enforcement, fire rescue, emergency medical services campuses, military facilities and industrial sites use to protect people and property. Fire Rescue is a manufacturer and supplier of vehiclemounted aerial platforms for fire fighting rescue electric utility and industrial uses.

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