Clean Harbors Inc. (CLH): Today's Featured Materials & Construction Underperformer
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. Clean Harbors (CLH) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Clean Harbors fell $1.21 (-2.1%) to $56.20 on light volume. Throughout the day, 442,363 shares of Clean Harbors exchanged hands as compared to its average daily volume of 735,300 shares. The stock ranged in price between $55.99-$56.87 after having opened the day at $56.86 as compared to the previous trading day's close of $57.41. Other companies within the Materials & Construction industry that declined today were: China Advanced Construction Materials Group (CADC), down 11%, MagneGas Corporation (MNGA), down 7.2%, Tri-Tech (TRIT), down 6.1%, and Orion Marine Group (ORN), down 4.2%.
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