CME Group Inc. (CME): Today's Featured Financial Services Loser
(
) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day up 0.2%. By the end of trading, CME Group Inc fell $5.52 (-2.3%) to $239.61 on average volume. Throughout the day, 602,319 shares of CME Group Inc exchanged hands as compared to its average daily volume of 695,700 shares. The stock ranged in price between $239.46-$246.22 after having opened the day at $246.05 as compared to the previous trading day's close of $245.13. Other company's within the Financial Services industry that declined today were:
(
), down 9.3%,
(
), down 8.6%,
Ampal-American Israel Corporation
(
), down 6.6%, and
(
), down 6.4%.
CME Group Inc. operates the CME, CBOT, NYMEX, and COMEX regulatory exchanges worldwide. CME Group Inc has a market cap of $15.79 billion and is part of the
sector. The company has a P/E ratio of 12.6, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 23.8% year to date as of the close of trading on Monday.
TheStreet Ratings rates CME Group as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full CME Group Ratings Report.
On the positive front,
Ameritrans Capital Corporation
(
), up 20%,
(
), up 16.1%,
Millennium India Acquisition Company Incor
(
), up 14.3%, and
White River Capital Inc
(
RVR
), up 12.3%, were all gainers within the financial services industry with
(
) being today's featured financial services industry winner.
- Use our financial services 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 financial services industry could consider
(
) while those bearish on the financial services industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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