Stocks Under $10: Fed Signal (FSS)

Richard Suttmeier Follow | Monday, 03 June 2013 05:25 (EST)

Fed Signal (FSS) – ($8.92) has a Strong Buy rating according to ValuEngine with fair value at $8.40, which makes the stock 6.7% overvalued. The one-year price target is $10.55. ValuEngine Profile – “Federal Signal Corporation is a manufacturer and worldwide supplier of safety, signaling and communications equipment, hazardous area lighting, fire rescue products, street sweeping and vacuum loader vehicles, parking control equipment, custom on-premise signage, carbide cutting tools, precision punches and related die components.”

Analysis – The daily chart for FSS shows overbought momentum with the stock above its 21-day, 50-day and 200-day simple moving averages at $8.49, $8.07 and $7.12. My monthly value level is $8.49 with no risky levels.

Courtesy of Thomson / Reuters

Ticker	Company Name	Mkt Price	Fair Value	One-Year Price Target	Last 12-Mon Retn (%)	5-Yr Avg Retn (%)	P/E Ratio
FSS	FEDERAL SIGNAL	8.92	8.40	10.55	81.95	-11.49	14.39

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