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The Transportation industry as a whole closed the day down 2.8% versus the S&P 500, which was down 1.6%. Laggards within the Transportation industry included

Globus Maritime

(

GLBS

), down 3.2%,

Danaos

(

DAC

), down 7.0%,

Rand Logistics

(

RLOG

), down 3.3%,

Overseas Shipholding Group Inc Class B

(

OSGB

), down 4.8% and

Air T

(

AIRT

), down 2.6%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Rand Logistics

(

RLOG

) is one of the companies that pushed the Transportation industry lower today. Rand Logistics was down $0.18 (3.3%) to $5.28 on average volume. Throughout the day, 15,824 shares of Rand Logistics exchanged hands as compared to its average daily volume of 13,100 shares. The stock ranged in price between $5.28-$5.50 after having opened the day at $5.44 as compared to the previous trading day's close of $5.46.

Rand Logistics, Inc., through its subsidiaries, provides bulk freight shipping services in the Great Lakes region. The company offers domestic port-to-port services. Rand Logistics has a market cap of $96.5 million and is part of the services sector. Shares are down 7.3% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Rand Logistics 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

Rand Logistics

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity and poor profit margins.

Highlights from TheStreet Ratings analysis on RLOG go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed against the S&P 500 and did not exceed that of the Marine industry. The net income has decreased by 20.1% when compared to the same quarter one year ago, dropping from $2.58 million to $2.06 million.
  • The debt-to-equity ratio is very high at 3.03 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. To add to this, RLOG has a quick ratio of 0.57, this demonstrates the lack of ability of the company to cover short-term liquidity needs.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Marine industry and the overall market, RAND LOGISTICS INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for RAND LOGISTICS INC is currently lower than what is desirable, coming in at 29.87%. Regardless of RLOG's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 4.75% trails the industry average.
  • RLOG, with its decline in revenue, underperformed when compared the industry average of 10.9%. Since the same quarter one year prior, revenues fell by 10.5%. Weakness in the company's revenue seems to not be hurting the bottom line, shown by stable earnings per share.

You can view the full analysis from the report here:

Rand Logistics 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,

Danaos

(

DAC

) was down $0.32 (7.0%) to $4.28 on average volume. Throughout the day, 9,963 shares of Danaos exchanged hands as compared to its average daily volume of 10,600 shares. The stock ranged in price between $4.22-$4.51 after having opened the day at $4.50 as compared to the previous trading day's close of $4.60.

Danaos Corporation, together with its subsidiaries, is engaged in the ownership and operation of containerships, as well as chartering of its vessels to liner companies in Greece and internationally. It primarily offers seaborne transportation services. Danaos has a market cap of $513.3 million and is part of the services sector. Shares are down 6.1% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate Danaos a buy, no analysts rate it a sell, and 1 rates 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

Danaos

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk and weak operating cash flow.

Highlights from TheStreet Ratings analysis on DAC go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and the Marine industry average. The net income has decreased by 14.8% when compared to the same quarter one year ago, dropping from $19.54 million to $16.64 million.
  • The debt-to-equity ratio is very high at 4.64 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.21, which clearly demonstrates the inability to cover short-term cash needs.
  • Net operating cash flow has decreased to $44.02 million or 11.73% when compared to the same quarter last year. Despite a decrease in cash flow of 11.73%, DANAOS CORP is in line with the industry average cash flow growth rate of -18.92%.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. When compared to other companies in the Marine industry and the overall market, DANAOS CORP's return on equity is below that of both the industry average and the S&P 500.
  • DAC, with its decline in revenue, underperformed when compared the industry average of 10.9%. Since the same quarter one year prior, revenues slightly dropped by 6.9%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.

You can view the full analysis from the report here:

Danaos 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.

Globus Maritime

(

GLBS

) was another company that pushed the Transportation industry lower today. Globus Maritime was down $0.10 (3.2%) to $3.00 on light volume. Throughout the day, 4,777 shares of Globus Maritime exchanged hands as compared to its average daily volume of 11,500 shares. The stock ranged in price between $3.00-$3.14 after having opened the day at $3.12 as compared to the previous trading day's close of $3.10.

Globus Maritime has a market cap of $30.7 million and is part of the services sector. Shares are down 21.7% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Globus Maritime 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.