Heckmann Corp (HEK): 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 1%. By the end of trading, Heckmann fell 6 cents (-1.7%) to $3.53 on light volume. Throughout the day, two million shares of Heckmann exchanged hands as compared to its average daily volume of 3.5 million shares. The stock ranged in price between $3.51-$3.65 after having opened the day at $3.62 as compared to the previous trading day's close of $3.59. Other company's within the Financial Services industry that declined today were:
(
), down 12%,
Dominion Resources Black Warrior
(
), down 11.6%,
Ampal-American Israel Corporation
(
), down 5.4%, and
United States 12 Month Natural Gas Fund
(
), down 3.3%.
Heckmann Corporation operates as a services-based company focused on total water and wastewater solutions for shale or unconventional oil and gas exploration and production. Heckmann has a market cap of $534.8 million and is part of the
sector. Shares are down 46% year to date as of the close of trading on Friday. Currently there are five analysts that rate Heckmann a buy, two analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates Heckmann as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, weak operating cash flow and poor profit margins.
- You can view the full Heckmann Ratings Report.
On the positive front,
Millennium India Acquisition Corporation
(
), up 17.9%,
(
), up 6.3%,
(
), up 5.9%, and
(
), up 5.2%, 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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