Moody's Corporation (MCO): Today's Featured Diversified Services Loser
(
) pushed the Diversified Services industry lower today making it today's featured Diversified Services loser. The industry as a whole closed the day down 0.3%. By the end of trading, Moody's Corporation fell 28 cents (-0.9%) to $31.97 on average volume. Throughout the day, 2.3 million shares of Moody's Corporation exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in price between $31.94-$32.58 after having opened the day at $32.50 as compared to the previous trading day's close of $32.25. Other company's within the Diversified Services industry that declined today were:
(
), down 10.8%,
(
), down 10.1%,
(
), down 9.8%, and
(
), down 9.6%.
Moody's Corporation, through its subsidiaries, provides credit ratings, research, and analysis covering fixed-income securities, other debt instruments, and the entities that issue such instruments in the global capital markets. Moody's Corporation has a market cap of $7.02 billion and is part of the
sector. The company has a P/E ratio of 11.9, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 21.5% year to date as of the close of trading on Monday.
TheStreet Ratings rates Moody's as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.
- You can view the full Moody's Ratings Report.
On the positive front,
(
), up 67.2%,
(
), up 11.7%,
Scientific Learning Corporation
(
), up 8.6%, and
(
), up 8.4%, were all gainers within the diversified services industry with
(
) being today's featured diversified services industry winner.
- Use our diversified 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 diversified services industry could consider
iShares Dow Jones US Cons Services
(
) while those bearish on the diversified services industry could consider
ProShares Ultra Short Consumer Sers
(
).
- Find other investment ideas from our top rated ETFs lists.
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