Mosaic Co (MOS): Today's Featured Chemicals Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Mosaic fell $1.01 (-2.4%) to $40.97 on average volume. Throughout the day, 7,056,275 shares of Mosaic exchanged hands as compared to its average daily volume of 6,337,000 shares. The stock ranged in price between $40.85-$41.70 after having opened the day at $41.69 as compared to the previous trading day's close of $41.98. Other companies within the Chemicals industry that declined today were:
Sociedad Quimica Y Minera De Chile
(
), down 5.3%,
(
), down 4.6%,
(
), down 4.3% and
(
), down 3.5%.
The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. It operates in two segments, Phosphates and Potash. Mosaic has a market cap of $12.5 billion and is part of the basic materials sector. Shares are down 25.9% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Mosaic a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Mosaic
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, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself.
- You can view the full Mosaic Ratings Report.
On the positive front,
(
), up 7.1%,
(
), up 5.1%,
(
), up 3.6% and
(
), up 2.8% , were all gainers within the chemicals industry with
(
) being today's featured chemicals industry leader.
- Use our chemicals 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 chemicals industry could consider
(
) while those bearish on the chemicals industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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