Axiall Stock Reiterated at Hold (AXLL)
NEW YORK (
) -- Shares of
(NYSE:
) were reiterated at hold. The company has maintained a C+ rating since being downgraded from B, or buy, on May 7, 2013.
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The average volume for Axiall has been 1.7 million shares per day over the past 30 days. Axiall has a market cap of $2.98 billion and is part of the basic materials sector and chemicals industry. Shares are up 3.4% year to date as of the close of trading on Monday.
Axiall Corporation operates as an integrated chemicals and building products company in North America and Asia.
TheStreet Ratings rates
Axiall
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full
.
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