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) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.2%. By the end of trading, General Electric fell $0.27 (-1.0%) to $26.81 on average volume. Throughout the day, 29,232,155 shares of General Electric exchanged hands as compared to its average daily volume of 37,951,900 shares. The stock ranged in price between $26.74-$27.17 after having opened the day at $27.14 as compared to the previous trading day's close of $27.08. Other companies within the Industrial industry that declined today were:
), down 9.7%,
), down 3.3%,
), down 3.2% and
), down 2.9%.
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General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $272.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 29.0% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate General Electric a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full General Electric Ratings Report.
On the positive front,
), up 16.0%,
), up 14.0%,
), up 9.9% and
), up 6.2% , 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.