Parker Hannifin Corporation (PH): Today's Featured Industrial Goods 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. Parker Hannifin Corporation (PH) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.8%. By the end of trading, Parker Hannifin Corporation rose $2.07 (2.4%) to $88.03 on average volume. Throughout the day, 1.1 million shares of Parker Hannifin Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $86.42-$88.12 after having opened the day at $86.93 as compared to the previous trading day's close of $85.96. Other companies within the Industrial Goods sector that increased today were: Ecotality (ECTY), up 35.4%, Comstock (CHCI), up 19.1%, China Advanced Construction Materials Group (CADC), up 15.9%, and MFRI (MFRI), up 12.4%.
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