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.

All three major indices traded up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 78 points (0.4%) at 17,726 as of Tuesday, Nov. 18, 2014, 3:25 PM ET. The NYSE advances/declines ratio sits at 2,060 issues advancing vs. 970 declining with 148 unchanged.

The Industrial Goods sector as a whole closed the day up 0.8% versus the S&P 500, which was up 0.7%. Top gainers within the Industrial Goods sector included

Tel Instrument Electronics

(

TIK

), up 2.8%,

Tecnoglass

(

TGLS

), up 3.5%,

Ecology and Environment

(

EEI

), up 5.1%,

China Ceramics

(

CCCL

), up 4.0% and

Ultralife Batteries

(

ULBI

), up 2.0%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the sector higher today:

Ultralife Batteries

(

ULBI

) is one of the companies that pushed the Industrial Goods sector higher today. Ultralife Batteries was up $0.06 (2.0%) to $3.10 on light volume. Throughout the day, 3,816 shares of Ultralife Batteries exchanged hands as compared to its average daily volume of 20,500 shares. The stock ranged in a price between $3.06-$3.12 after having opened the day at $3.07 as compared to the previous trading day's close of $3.04.

Ultralife Corporation offers power and communications solutions in the United States and internationally. It operates through two segments, Battery & Energy Products and Communications Systems. Ultralife Batteries has a market cap of $53.8 million and is part of the consumer durables industry. Shares are down 14.4% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Ultralife Batteries a buy, no analysts rate it a sell, and none rate it a hold.

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

TheStreet Ratings rates Ultralife Batteries as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

Highlights from TheStreet Ratings analysis on ULBI go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Electrical Equipment industry. The net income has significantly decreased by 150.2% when compared to the same quarter one year ago, falling from $0.64 million to -$0.32 million.
  • Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company. Compared to other companies in the Electrical Equipment industry and the overall market, ULTRALIFE CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for ULTRALIFE CORP is currently lower than what is desirable, coming in at 27.93%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -2.01% is significantly below that of the industry average.
  • The share price of ULTRALIFE CORP has not done very well: it is down 15.03% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy.
  • ULTRALIFE CORP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Stable Earnings per share over the past year indicate the company has sound management over its earnings and share float. During the past fiscal year, ULTRALIFE CORP's EPS of -$0.05 remained unchanged from the prior years' EPS of -$0.05.

You can view the full analysis from the report here:

Ultralife Batteries Ratings Report

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

At the close,

China Ceramics

(

CCCL

) was up $0.03 (4.0%) to $0.88 on light volume. Throughout the day, 42,850 shares of China Ceramics exchanged hands as compared to its average daily volume of 71,800 shares. The stock ranged in a price between $0.84-$0.89 after having opened the day at $0.87 as compared to the previous trading day's close of $0.85.

China Ceramics has a market cap of $18.3 million and is part of the consumer durables industry. Shares are down 63.3% year-to-date as of the close of trading on Monday.

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

Ecology and Environment

(

EEI

) was another company that pushed the Industrial Goods sector higher today. Ecology and Environment was up $0.48 (5.1%) to $9.79 on light volume. Throughout the day, 1,497 shares of Ecology and Environment exchanged hands as compared to its average daily volume of 4,700 shares. The stock ranged in a price between $9.47-$9.79 after having opened the day at $9.70 as compared to the previous trading day's close of $9.31.

Ecology and Environment, Inc., an environmental consulting firm, provides professional services to the government and private sectors worldwide. Ecology and Environment has a market cap of $25.6 million and is part of the consumer durables industry. Shares are down 12.6% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Ecology and Environment a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Ecology and Environment as a

sell

. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on EEI go as follows:

  • EEI has underperformed the S&P 500 Index, declining 13.68% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Commercial Services & Supplies industry and the overall market, ECOLOGY AND ENVIRONMENT INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • 42.59% is the gross profit margin for ECOLOGY AND ENVIRONMENT INC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -1.98% trails the industry average.
  • ECOLOGY AND ENVIRONMENT INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. During the past fiscal year, ECOLOGY AND ENVIRONMENT INC continued to lose money by earning -$0.32 versus -$0.49 in the prior year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Commercial Services & Supplies industry. The net income increased by 82.9% when compared to the same quarter one year prior, rising from -$3.84 million to -$0.66 million.

You can view the full analysis from the report here:

Ecology and Environment Ratings Report

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

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.