Timken Company (TKR): Today's Featured Industrial Goods Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Timken Company (TKR) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 0.2%. By the end of trading, Timken Company fell 68 cents (-1.7%) to $40.07 on average volume. Throughout the day, 1.2 million shares of Timken Company exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $40.06-$41.16 after having opened the day at $40.67 as compared to the previous trading day's close of $40.75. Other companies within the Industrial Goods sector that declined today were: Polypore International (PPO), down 7.7%, China Advanced Construction Materials Group (CADC), down 6.5%, Arotech Corporation (ARTX), down 4.9%, and Erickson Air-Crane (EAC), down 4.9%.
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