Moody's Corporation (MCO): Today's Featured Diversified Services Laggard

Moody's Corporation was a leading decliner within the diversified services industry, falling $0.85 (-1.4%) to $60.45 on light volume
By TheStreet Wire ,

Moody's Corporation

(

MCO

) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Moody's Corporation fell $0.85 (-1.4%) to $60.45 on light volume. Throughout the day, 1,035,178 shares of Moody's Corporation exchanged hands as compared to its average daily volume of 1,625,000 shares. The stock ranged in price between $60.29-$61.93 after having opened the day at $61.02 as compared to the previous trading day's close of $61.30. Other companies within the Diversified Services industry that declined today were:

SmartPros

(

SPRO

), down 10.9%,

Planet Payment

(

PLPM

), down 8.1%,

Document Security Systems

(

DSS

), down 7.0% and

Spar Group

(

SGRP

), down 6.8%.

Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. Moody's Corporation has a market cap of $13.6 billion and is part of the services sector. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are up 21.1% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Moody's Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Moody's Corporation

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front,

ADT Corporation

(

ADT

), up 10.0%,

RLJ Entertainment

(

RLJE

), up 8.4%,

Swisher Hygiene

(

SWSH

), up 7.9% and

VirtualScopics

(

VSCP

), up 7.1% , were all gainers within the diversified services industry with

Myriad Genetics

(

MYGN

) being today's featured diversified services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider

iShares Dow Jones US Cons Services

(

IYC

) while those bearish on the diversified services industry could consider

ProShares Ultra Short Consumer Sers

(

SCC

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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