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 up 0.9%. By the end of trading, Allegheny Technologies fell $0.41 (-1.5%) to $27.57 on average volume. Throughout the day, 1,442,734 shares of Allegheny Technologies exchanged hands as compared to its average daily volume of 1,712,200 shares. The stock ranged in price between $27.51-$28.20 after having opened the day at $28.07 as compared to the previous trading day's close of $27.98. Other companies within the Industrial industry that declined today were:
), down 8.4%,
), down 6.3%,
), down 6.3% and
), down 5.8%.
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Allegheny Technologies Incorporated engages in the production and sale of specialty metals worldwide. It operates in three segments: High Performance Metals, Flat-Rolled Products, and Engineered Products. Allegheny Technologies has a market cap of $3.0 billion and is part of the industrial goods sector. Shares are down 7.8% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Allegheny Technologies a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.
- You can view the full Allegheny Technologies Ratings Report.
On the positive front,
), up 76.5%,
), up 17.6%,
), up 8.6% and
), up 7.8% , were all gainers within the industrial industry with
) being today's featured industrial industry leader.
- Use our industrial section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
) while those bearish on the industrial industry could consider
- Find other investment ideas from our top rated ETFs lists.