Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day up 0.5%. By the end of trading, Cliffs Natural Resources fell $0.28 (-1.4%) to $20.09 on light volume. Throughout the day, 8,466,390 shares of Cliffs Natural Resources exchanged hands as compared to its average daily volume of 12,682,800 shares. The stock ranged in price between $20.08-$20.65 after having opened the day at $20.44 as compared to the previous trading day's close of $20.37. Other companies within the Basic Materials sector that declined today were:
), down 42.5%,
), down 21.1%,
), down 17.6% and
), down 17.5%.
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Cliffs Natural Resources Inc., a mining and natural resources company, engages in the production of iron ore pellets, fines and lump ore, and metallurgical coal. Cliffs Natural Resources has a market cap of $3.1 billion and is part of the metals & mining industry. Shares are down 47.2% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Cliffs Natural Resources a buy, 2 analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Cliffs Natural Resources
. 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 disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself.
- You can view the full Cliffs Natural Resources Ratings Report.
On the positive front,
), down 15.0%,
), down 13.0%,
), down 10.9% and
), down 10.7% , were all gainers within the basic materials sector with
) being today's featured basic materials sector leader.
- Use our basic materials section to find sector-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 basic materials sector could consider
) while those bearish on the basic materials sector could consider
- Find other investment ideas from our top rated ETFs lists.
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