Owens-Illinois Inc (OI): Today's Featured Consumer Non-Durables Laggard
(
) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Owens-Illinois fell $0.45 (-1.5%) to $28.88 on average volume. Throughout the day, 1,209,400 shares of Owens-Illinois exchanged hands as compared to its average daily volume of 1,201,300 shares. The stock ranged in price between $28.78-$29.49 after having opened the day at $29.43 as compared to the previous trading day's close of $29.33. Other companies within the Consumer Non-Durables industry that declined today were:
(
), down 6.9%,
(
), down 5.0%,
(
), down 4.5% and
(
), down 3.7%.
Owens-Illinois, Inc., through its subsidiaries, manufactures and sells glass container products to food and beverage manufacturers primarily in Europe, North America, South America, and the Asia Pacific. Owens-Illinois has a market cap of $4.9 billion and is part of the consumer goods sector. Shares are up 38.6% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Owens-Illinois a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Owens-Illinois
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and poor profit margins.
- You can view the full Owens-Illinois Ratings Report.
On the positive front,
(
), up 9.6%,
Ever-Glory International Group
(
), up 9.1%,
(
), up 7.2% and
(
), up 6.7% , were all gainers within the consumer non-durables industry with
(
) being today's featured consumer non-durables industry leader.
- Use our consumer non-durables 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 consumer non-durables industry could consider
Consumer Staples Select Sector SPDR
(
) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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