Republic Services Inc (RSG): Today's Featured Materials & Construction Winner
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. Republic Services (RSG) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 1.6%. By the end of trading, Republic Services rose 50 cents (1.8%) to $28.44 on average volume. Throughout the day, 1.8 million shares of Republic Services exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in a price between $27.93-$28.48 after having opened the day at $28.02 as compared to the previous trading day's close of $27.94. Other companies within the Materials & Construction industry that increased today were: Hovnanian (HOV), up 9.3%, KB Home (KBH), up 8.6%, US Concrete (USCR), up 7.7%, and Headwaters (HW), up 6%.
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