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 modelAir Products & Chemicals (APD) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day up 1.4%. By the end of trading, Air Products & Chemicals fell $1.11 (-1.3%) to $85.18 on heavy volume. Throughout the day, 2,121,960 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1,010,500 shares. The stock ranged in price between $84.53-$86.40 after having opened the day at $85.72 as compared to the previous trading day's close of $86.29. Other companies within the Chemicals industry that declined today were: Ceres (CERE), down 4.2%, Gulf Resources (GURE), down 3.7%, Gevo (GEVO), down 3.4% and Pacific Ethanol (PEIX), down 3.1%.
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