3 Stocks Pushing The Transportation Industry Lower

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Two out of the three major indices are trading lower today with the Dow Jones Industrial Average (^DJI) trading up 14 points (0.1%) at 12,892 as of Wednesday, Nov. 28, 2012, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,435 issues advancing vs. 1,435 declining with 148 unchanged.

The Transportation industry currently sits down 0.2% versus the S&P 500, which is down 0.0%. A company within the industry that fell today was Kansas City Southern (KSU), up 0.6%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. LATAM Airlines Group S.A (LFL) is one of the companies pushing the Transportation industry lower today. As of noon trading, LATAM Airlines Group S.A is down $0.06 (-0.3%) to $22.42 on heavy volume Thus far, 367,078 shares of LATAM Airlines Group S.A exchanged hands as compared to its average daily volume of 383,200 shares. The stock has ranged in price between $21.89-$22.42 after having opened the day at $22.00 as compared to the previous trading day's close of $22.48.

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services primarily in South America. As of June 22, 2012, the company operated a fleet of 310 aircrafts. LATAM Airlines Group S.A has a market cap of $10.9 billion and is part of the services sector. The company has a P/E ratio of 24.3, above the S&P 500 P/E ratio of 17.7. Shares are down 3.3% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate LATAM Airlines Group S.A a buy, 4 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates LATAM Airlines Group S.A as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and disappointing return on equity. Get the full LATAM Airlines Group S.A Ratings Report now.

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