Air Products & Chemicals Inc (APD): Today's Featured Chemicals 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. Air Products & Chemicals (APD) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Air Products & Chemicals fell 89 cents (-1%) to $87.99 on light volume. Throughout the day, 668,574 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $87.88-$88.96 after having opened the day at $88.70 as compared to the previous trading day's close of $88.88. Other companies within the Chemicals industry that declined today were: Ceres (CERE), down 4.7%, Green Plains Renewable Energy (GPRE), down 4.7%, Arabian American Development Company (ARSD), down 4.1%, and Flexible Solutions International (FSI), down 3.6%.
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