E.I. Du Pont De Nemours & Company (DD): Today's Featured Chemicals Loser - TheStreet

E.I. du Pont de Nemours & Company

(

DD

) pushed the Chemicals industry lower today making it today's featured Chemicals loser. The industry as a whole closed the day down 0.9%. By the end of trading, E.I. du Pont de Nemours & Company fell 66 cents (-1.3%) to $49.30 on light volume. Throughout the day, 3.3 million shares of E.I. du Pont de Nemours & Company exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in price between $48.90-$49.64 after having opened the day at $49.30 as compared to the previous trading day's close of $49.96. Other company's within the Chemicals industry that declined today were:

GSE

(

GSE

), down 9.4%,

Renewable Energy Group

(

REGI

), down 7.7%,

PetroLogistics

(

PDH

), down 7.5%, and

Methanex Corporation

(

MEOH

), down 6%.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

E. I. du Pont de Nemours and Company operates as a science and technology based company worldwide. Its Agriculture segment provides hybrid corn and soybean seeds, and grains under the Pioneer brand name; and herbicides, fungicides, and insecticides. E.I. du Pont de Nemours & Company has a market cap of $46.42 billion and is part of the

basic materials

sector. The company has a P/E ratio of 13.3, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 9.1% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate E.I. du Pont de Nemours & Company a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates E.I. du Pont de Nemours & Company as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front,

Pure Bioscience

(

PURE

), up 8%,

Cereplast

(

CERP

), up 7.1%,

Senomyx

(

SNMX

), up 5.2%, and

Clean Diesel Technologies

(

CDTI

), up 4.6%, were all gainers within the chemicals industry with

Potash Corporation of Saskatchewan

(

POT

) being today's featured chemicals industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider

Materials Select Sector SPDR

(

XLB

) while those bearish on the chemicals industry could consider

ProShares Short Basic Materials Fd

(

SBM

).

null