Mesabi Trust (MSB): Today's Featured Financial Services Winner

The financial services industry closed the day down 2.5%. ProShares Ultra 7-10 Year Treasury (UST), ProShares UltraShort DJ-UBS Commodity (CMD), Ampal-American Israel Corporation (AMPL), and Consumer Portfolio Services Inc (CPSS) were all winners today within the financial services industry with Mesabi (MSB) being today's featured financial services winner. Mesabi rose 56 cents (2.4%) to $24.35 on heavy volume. Throughout the day, 335,868 shares of Mesabi exchanged hands as compared to its average daily volume of 115,800 shares.

Mesabi Trust operates as grantor trust in the United States. It produces iron ore pellets. The company holds interests in various properties, including its interest as an assignor in the amended assignments of Peters Lease and Cloquet Lease, which together cover approximately 9,750 acres in St. Mesabi has a market cap of $309.4 million and is part of the financial sector. The company has a P/E ratio of 10.4, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 38.7% year to date as of the close of trading on Friday.

TheStreet Ratings rates Mesabi as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

• You can view the full Mesabi Ratings Report.

On the negative front, ProShares Ultra KBW Regional Banking (KRU), Stream Global Services Inc (SGS), CIFC (DFR), and First Marblehead Corporation (FMD) were all losers within the financial services industry with Bank of New York Mellon (BK) being today's financial services industry Loser Spotlight stock.

• Use our financial services section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR (XLF) while those bearish on the financial services industry could consider Proshares Short Financials (SEF).

• Find other investment ideas from our top rated ETFs lists.

For more information on Mesabi Trust click any of the following:

• Mesabi Trust Stock Price

• Mesabi Trust Analyst Ratings

• Mesabi Trust Key Stats & Profile

• Mesabi Trust Earnings

• Mesabi Trust Ratio Comparison

• Mesabi Trust Growth Rates

• Mesabi Trust Balance Sheet

• Mesabi Trust Cash Flow

• Mesabi Trust Income Statement