Dresser-Rand Group Inc. (DRC): Today's Featured Industrial Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Dresser-Rand Group fell $3.43 (-5.3%) to $60.74 on heavy volume. Throughout the day, 2,510,984 shares of Dresser-Rand Group exchanged hands as compared to its average daily volume of 591,300 shares. The stock ranged in price between $60.00-$62.74 after having opened the day at $62.60 as compared to the previous trading day's close of $64.17. Other companies within the Industrial industry that declined today were:
Global-Tech Advanced Innovations
(
), down 15.5%,
(
), down 15.0%,
(
), down 11.6% and
(
), down 9.9%.
Dresser-Rand Group Inc., together with its subsidiaries, engages in the design, manufacture, sale, and service of engineered rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power generation, military, and other industries worldwide. Dresser-Rand Group has a market cap of $4.9 billion and is part of the industrial goods sector. Shares are up 14.3% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Dresser-Rand Group a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Dresser-Rand Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Dresser-Rand Group Ratings Report.
On the positive front,
China Recycling Energy Corporation
(
), up 13.6%,
(
), up 8.1%,
(
), up 5.8% and
(
), up 4.7% , were all gainers within the industrial industry with
(
) being today's featured industrial industry leader.
- Use our industrial section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
SPDR Dow Jones Industrial Average
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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